Statement 1 is correct as mutual funds are a type of investment where investors pool their money together to invest in a diversified portfolio of securities. Statement 2 is incorrect as while most mutual funds are managed by professional fund managers, there are some funds that are managed by individual investors. Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds. Each type has different features, risks, and rewards.
The Santosh Trophy, initiated in 1941, was named after which notable figure?
How many players are on each team in a standard game of baseball?
Which team emerged as the winner of the 15th Irani Cup?
The famous horse racing event ‘The Melbourne Cup’ 2022 will be held in Victoria, Australia on which of the following month?
Who has been elected as the youngest ever Chairman of the International Cricket Council (ICC)?
Dabang Delhi KC defeated __________ in the final match to win their maiden title in the 2021-22 Vivo Pro Kabaddi League.
India's Manisha Ramadass, aged 19, secured a bronze medal at the 2024 Paralympics in which sport?
‘Scoop’ is a term is related to which game-
Which of the following athlete-sport pair is incorrectly matched?
What milestone did the Japan men's hockey team achieve at the Sultan Azlan Shah Trophy in 2024?