ECONOMICS (CBSE/UGC NET)

ECONOMICS

SAVING AND INVESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Pool of money managed by an investment company/ professional and invested in multiple companies.
A
Stock Market
B
Mutual Fund
C
Investment
D
Money Market Account
Explanation: 

Detailed explanation-1: -A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments and/or other securities.

Detailed explanation-2: -A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio.

Detailed explanation-3: -Mutual funds are investment pools, in which a professional manager invests a pool of money on behalf of many investors.

Detailed explanation-4: -A mutual fund is a professionally managed fund that pools money from investors. Mutual funds often invest in stocks, bonds and other financial instruments. Mutual funds vary greatly and are designed to match an investor’s goals. Some mutual funds offer higher risk with the potential for higher returns.

Detailed explanation-5: -Mutual Funds A mutual fund is a pool of many investors’ money that is invested broadly in a number of companies.

There is 1 question to complete.