Q:

Which one of the following statements about Exchange-Traded Fund (ETF) is not correct?

A) It is a marketable security.	B) It experiences price changes throughout the day.
C) It typically has lower daily liquidity and higher fees than mutual fund shares.	D) An ETF does not have its net asset value calculated once at the end of every day.

Answer & Explanation Answer: C) It typically has lower daily liquidity and higher fees than mutual fund shares.

Explanation:

An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund.

•Unlike mutual funds, an ETF trades like a common stock on a stock exchange.

•ETFs experience price changes throughout the day as they are bought and sold.

•ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for individual investors.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 15106

Q:

Improve the bracketed part of the sentence.

His decision (will be fair) to everyone as he is the most disinterested party in this controversy.

A) fairing	B) will fair
C) had fair	D) No improvement

Answer & Explanation Answer: D) No improvement

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 15105

Q:

One who collects coins as hobby

A) Numismatist	B) Philatelist
C) Statistician	D) Ornithologist

Answer & Explanation Answer: A) Numismatist

Explanation:

Numismatist: someone who studies or collects coins, paper money, or medals.

Philatelist: a person who collects stamps.

Ornithologist: a person who studies on birds.

Statistician: an expert in the preparation and analysis of statistics.

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Filed Under: General Science
Exam Prep: Bank Exams

0 15101

Q:

Improve the bracketed part of the sentence.

(It is no good to cry) over past failures.

A) It is of no good crying	B) It is of no good to cry
C) It is no good crying	D) no improvement

Answer & Explanation Answer: C) It is no good crying

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 15100

Q:

Improve the bracketed part of the sentence.

The duo’s network was (made to learn identify) true signals using previously vetted signals; they then studied the weaker signals.

A) made to learn to identify	B) made to learning to identify
C) made learning to identify	D) No improvement

Answer & Explanation Answer: A) made to learn to identify

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 15100

Q:

Choose the correctly spelt word

The school alumni gathering put us in a mood.

A) Remniscent	B) Reminisent
C) Reminiscent	D) Reminicent

Answer & Explanation Answer: C) Reminiscent

Explanation:

Reminiscent is correctly spelt which means tending to remind one of something.

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Filed Under: English

0 15087

Q:

Improve the bracketed part of the sentence.

You and I must understand (one another), and that too without delay.

A) one other	B) with one another
C) each another	D) no improvement

Answer & Explanation Answer: D) no improvement

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 15082

Q:

This animal fasts for about 8 months in a year and yet is active, gives birth, and nurses its young while fasting. Name the animal

A) Polar Bear	B) Frog
C) Reindeer	D) Lion

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