Question
A Mutual Fund’s SIP is essentially a staggered payment
over a defined period of time with a defined contribution by the investors. What is the expansion of the term SIP?Solution
A Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest small amounts periodically instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly.
X and Y can complete a piece of work in 8 days and 12 days, respectively. If they work on alternate days, with X working on the first day, how long will...
Two cars start from a place with a speed of 70 km/hr at an interval of 15 minutes. What is the speed of a man coming from the opposite direction towards...
Which of the following is/are correct regarding “PM AWAS- Urban”?
     I.       It was launched by ministry of housing and urba...
Which of the following statements is/are incorrect?
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The concept of Zero-Base Budgeting was introduced in ...
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Consider the following statements
1. Adjournment sine Die means terminating seating ofstate legislature for an indefinite period
2. T...
Refer to the following number series and answer the question:
5 1 2 6 3 8 6 5 3 6 5 3 2 5 6 9 5 1 7 2
How many such numbers are there in t...
The ratio of the number of English books to Hindi books in a library shelf is 5:3. If 108 Hindi books are written by Pradeep, which constitutes 36% of t...
The pluralist perspective assumes that:
Article 243-I of the Constitution mandates setting up of the State Finance Commission (SFC) every _________ years.
A box contains only three colors of balls- red, green and blue. What is the minimum number of balls that should be picked from the box to ensure that at...
