Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Consider the following statements with respect to Gold ETF:

1. A Gold Exchange Traded Fund (Gold ETF) is a passive investment fund that aims to track the price of physical gold. ​
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2. One Gold ETF unit is equal to 1 gram gold.

3. Investors will get the gold in dematerialised form (electronic form). ​
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4. Investors cannot buy and sell the units in the stock market .

Select the correct code from the following:

• A. 1, 2 and 3 only.
• B. 1, 2 and 4 only.
• C. 1, 3 and 4 only.
• D. All of the above.

Answer 1

The correct option is A 1, 2 and 3 only.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Statement 4 is incorrect.
Investors can buy and sell the units in the stock market (where these are listed).