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What is the full form of "ETF"?

A. Exchange Traded Funds

B. Non-Banking Companies

C. Non-Banking Companies

D. Auto-Regressive Integrated Moving Average

Answer: Option A

Solution(By Examveda Team)

An exchange traded fund (ETF) is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.

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