Consider the following statements regarding mutual funds.
1. Mutual funds can participate in options trading and carrying forward transactions in securities.
2. Mutual funds can invest in transferable securities in the money and capital markets.
Which of the statement(s) given above is/are correct?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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