A mutual fund pools money from investors to invest in: MCQ with Answer and Explanation

A mutual fund pools money from investors to invest in:
A. only government bonds
B. a diversified portfolio of securities
C. only fixed deposits
D. only real estate
Answer: Option B
Solution (By JKSSB Mock Tests)
A mutual fund invests pooled investor funds in a diversified portfolio of securities.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a characteristic of a traditional economy?
A. Customs and traditions determine economic decisions
B. Rapid industrialisation
C. High use of advanced technology
D. Extensive use of money and banking

Correct Answer: Option A


Explanation:
In a traditional economy, economic decisions regarding production and distribution are based on customs, traditions and hereditary practices.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'National Economic Census' is conducted by:
A. Ministry of Statistics and Programme Implementation
B. NITI Aayog
C. SEBI
D. RBI

Correct Answer: Option A


Explanation:
Economic Census is conducted by MoSPI.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Global Gender Gap Report' is published by:
A. World Bank
B. UN Women
C. World Economic Forum
D. UNDP

Correct Answer: Option C


Explanation:
The Global Gender Gap Report is published by the World Economic Forum.

This question belongs to: Economy GK Economy Set 1