Question
Consider the following statements about ‘Gold Exchange Traded Funds (ETFs)’:
Consider the following statements about ‘Gold Exchange Traded Funds (ETFs)’:
I. Gold ETFs are passive investment instruments that are based on gold prices.
II. One gold ETF unit is equivalent to one gram of gold and does not need to be backed by physical gold.
III. Gold ETF, aims to track the International physical gold price. Which of the statements given above is/are correct?
More GK Miscellaneous Questions
- Which atmospheric layer contains the ozone layer?
- Where is India's first healthy and hygienic food street 'Prasadam' located?
- Who invented the first mechanical computer?
- Which of these research organizations has recently launched its first ever Unmanned Aerial Vehicle(UAV) using the Autonomous Flying Wing Technology Demonst...
- Which Indian state observes the Chapchar Kut festival in March, commemorating the conclusion of the jhum cultivation process?
- Which platform was rebranded as the Unified Lending Interface (ULI) under the Reserve Bank Innovation Hub (RBIH)?
- Chhatrapati Shahuji Maharaj (King George's) Medical University is located in which district of Uttar Pradesh?
- Number of bones in adult human body are?
- Who was sworn in as the President of the Philippines recently?
- Which river is the only natural water source that drains into a lake in the desert?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
