Which of the following provides proper definition of a Mutual Funds?
A. It is an association of members of public
B. These members want to invest in financial instrument
C. They want to invest in financial instrument assets of business sector
D. All the above
Answer: Option D
Related Questions on Banking Awareness miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above

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