Question : Which of the following is not a type of mutual fund?
Option 1: Equity fund
Option 2: Debt fund
Option 3: Index fund
Option 4: Venture capital fund
Correct Answer: Venture capital fund
Solution : The correct answer is (d). Venture capital fund
Venture capital funds are investment vehicles that provide capital to early-stage or high-potential companies with long-term growth potential. These funds typically invest in companies with innovative business models, disruptive technologies, or significant growth prospects. Venture capital funds are not considered a type of mutual fund because they have a different investment objective and investment strategy compared to mutual funds.
Option 3: Balanced fund
Option 4: Currency fund
Question : A debenture is a type of:
Option 1: Equity instrument
Option 2: Debt instrument
Option 3: Derivative instrument
Option 4: Mutual fund
Question : A mutual fund is an example of:
Option 4: Investment vehicle
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