- NAV is the per-unit value of a mutual fund's assets. - Mutual funds generally offer high liquidity to investors.
Which of the following statement(s) is/are correct regarding Mutual Funds in India? Statement 1 : Net Asset Value of Mutual funds represents the current Investment value of the Mutual Funds Statement 2 : Liquidity is high as the mutual funds can be sold easily
Asked in GPSC Prelims CSP 2 2022 · Topic: Money & Banking (Financial Markets: Money Market and Capital Market (Components, Instruments, Role))
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Answer: B. Both Statements 1 and 2 are correct but State‐ ment 2 is not the correct explanation for statement 1
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