n NISM Certifications
MF MF Foundations
Medium

What is a Mutual Fund?

Practice question from Concepts & Role of a Mutual Funds Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A type of bank account

  2. An investment vehicle that pools money from many investors

    Correct answer

  3. C

    A government bond

  4. D

    A stock exchange

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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