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Commerce · Q6

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 6

Q6

With reference to mutual funds, which of the following statements is correct?

A.
Open-ended funds are always open to investment
B.
Open-ended funds are always open to redemption
C.
Open-ended funds are always open to investment and redemption
Answer
D.
It is an investment in equity shares

Answer: Option C

Solution

Answer: Option C
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