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Options
- A
A fund that invests only in government securities
-
A mutual fund that trades on stock exchanges like a stock
Correct answer
- C
A fixed deposit scheme
- D
A high-risk hedge fund
Why this is the answer
ETFs are baskets of securities that can be bought and sold on exchanges like regular stocks. They offer diversification and liquidity. Options A, C, and D do not capture the traded nature of ETFs.
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