Mock Test Quizzes & Trivia

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Mock Test Questions & Answers

What is the number of mutual fund schemes in India?
Its 2000 now. Over 2000 mutual fund schemes offered by 47 mutual funds – and multiple options within those schemes – make it difficult for investors to choose between them.
Is the following true or false? KIM has to be updated every 6 months.
False. The procedure for updating of KIM shall be done at least once in a year and filed with SEBI forthwith. Hence, the given statement is undoubtedly false. KIM stands forKey Information Memorandum as it contains the key information of the scheme
Do high yield bond schemes invest in junk bonds?
The correct answer to this question is FALSE. Companies that have a high risk of defaulting on their interest payments usually have high interest rates on their corporate bonds. These types of bonds are referred to as high yield bonds, or junk bonds
Is the following true or false? As regards wealth tax, ETF Gold is superior to physical gold.
ETF gold is like a promise rather than the real thing. Obviously holding physical gold suggests a need for a heavyweight secure hold for keeping the treasure. It's more convenient for a company to hold it and to provide you with evidence that you 'ow