Systematic Investment Plan

Q.

SIP is an abbreviation used for _____.

1. Systematic Induction Plan
2. Systematic Investment Plan
3. Sporadic Investment Plan
4. Schematic Investment Plan

Q.

In a Systematic Investment Plan, investments are done only on yearly basis.

1. True

2. False

Q. SIPs of Mutual funds are good if :

1. The Investment amount is in crores and withdrawal is within days
2. They are invested for instant returns
3. They are invested for a short term of 1-2 years
4. They are invested for a long term of 10-15 years

Q. SIP protects customers from :

1. Price hike
2. Market Fluctuations
3. Death
4. Gratuity

Q. In a Systematic Investment Plan, investments are done only on yearly basis.

1. True
2. False