Question : Which of the following is not a type of mutual fund?
Option 1: Equity fund
Option 2: Debt fund
Option 3: Balanced fund
Option 4: Currency fund
Answer (1)
9th Jan, 2024
Correct Answer: Currency fund
Solution : The correct answer is (d). Currency fund
Currency funds are not commonly recognized as a specific category of mutual funds. Mutual funds typically fall into different asset classes such as equity funds, debt funds, and balanced funds.
Currency exposure or foreign exchange investments are usually managed within broader fund categories based on the underlying asset class, such as international or global funds, rather than being standalone funds dedicated solely to currency investments.
Comments (0)
Related Questions
Trending Articles/News
