Q245
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
AnswerC.
Both 1 and 2
D.
Neither 1 nor 2
Answer: Option B
Solution
Answer: Option B
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