0
Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

 

A) It is a marketable security. B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares. D) An ETF does not have its net asset value calculated once at the end of every day.

Answer:   C) It typically has lower daily liquidity and higher fees than mutual fund shares.



Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

 

Subject: Indian Economy
Exam Prep: Bank Exams
Q:

On January 3, 2018, RBI initiated ‘PCA’ against the Allahabad Bank. How many public sector banks have been covered under ‘PCA’?

 

A) 18 B) 17
C) 11 D) 15
 
Answer & Explanation Answer: C) 11

Explanation:
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Exam Prep: Bank Exams

1 557
Q:

An increase in the money supply will cause interest rates to ___________.

 

A) rise B) fall
C) remain unchanged D) No option is correct.
 
Answer & Explanation Answer: B) fall

Explanation:
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Exam Prep: Bank Exams

2 6119
Q:

SEBI is evaluating whether ICO (Initial Coin Offerings) can be brought under its purview. ICO is related to ______.

 

A) Dollars B) Pounds
C) Rupees D) Cyptocurrency
 
Answer & Explanation Answer: D) Cyptocurrency

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Exam Prep: Bank Exams

1 657
Q:

In January 2018, ‘Electoral Bonds’ Scheme was launched. Under this scheme, the electoral bonds will be available at specified branches of _____.

 

 

A) Bank of Baroda B) State Bank of India
C) Punjab National Bank D) Bank of India
 
Answer & Explanation Answer: B) State Bank of India

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Exam Prep: Bank Exams

0 444
Q:

In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production
 
Answer & Explanation Answer: C) Commerical banking

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0 1906
Q:

India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

A) 26th B) 47th
C) 62nd D) 81st
 
Answer & Explanation Answer: C) 62nd

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Exam Prep: Bank Exams

0 418
Q:

What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000 B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000 D) Developing countries will completely ban CFC production by 2020
 
Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

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Exam Prep: Bank Exams

1 394
Q:

Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct
 
Answer & Explanation Answer: B) Balance of Paymen

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