Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations

Q.  Which of the following include the primary structure of the Mutual Funds?

a. Open-end funds
b. Unit Investment Trusts
c. Exchange traded Funds
d. All of the Above


ANSWER: See Answer
 
Primary structures of mutual funds include open-end funds, unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange.
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