wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Q. With reference to the Exchange traded fund (ETF), which of the following statements is/are correct?

Select the correct answer using the code given below:

A

1 only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

1 and 2 only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

2 and 3 only
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

1, 2 and 3
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D
1, 2 and 3
Explanation:

Statement 1 is correct:
It is a basket of securities that can be traded in stock exchange similar to ordinary shares.

Statement 2 is correct: Compared to mutual funds, ETFs have more liquidity and marketability, as they are tradable in stock exchange.

Statement 3 is correct: The Government of India has decided to use an ETF mechanism to disinvest the shares of public sector companies.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
SEBI
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon