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Economy

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

SIP in stands for

Systematic Insurance Plan

Systematic Investment Plan

Systematic Investment Programme

Serious Systematic Investment Progress

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does NAV stand for in mutual funds?

Net Asset Value

New Asset Venture

Net Annual Value

Non-Asset Variation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a type of mutual fund?

Equity Funds

Bond Funds

Real Estate Funds

Commodity Funds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of a demat account in the context of mutual funds?

To invest in mutual funds

To store mutual fund units electronically

To provide insurance for mutual fund investments

To track mutual fund performance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the full form of KYC in mutual funds?

Know Your Customer

Keep Your Cash

Kindly Yield Cash

Know Your Currency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regulatory body regulates mutual funds in India?

SEBI

RBI

IRDAI

PFRDA

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the lock-in period for ELSS mutual funds?

3 years

5 years

7 years

No lock-in period

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