• Statement 1 is correct: Gold ETF, or Exchange Traded Fund, is a commodity-based Mutual Fund that invests in assets like gold. These exchangetraded funds perform like individual stocks and are traded similarly on the stock exchange. Exchange-traded funds represent assets, in this case, physical gold, both in dematerialised and paper form. • Some of the benefits of investing in Gold ETF funds are: Easier trading è No entry or exit loads Less Market Risk Tax benefits – Other than capital gains tax, gold exchange traded funds do not attract VAT, Securities Transaction Tax or Value Added Taxes, allowing an individual to save taxes on their investment. Usage as collateral • Statement 2 is incorrect: Also investment in gold ETF will help decrease the current account deficit as gold imports will reduce.
Consider the following statements regarding the Great Indian Desert:
1. The prevailing southwest monsoon winds tend to bypass the Thar to the eas...
Consider the following pairs:
How many pairs given ab...
Among the following States, which one has the most suitable climatic conditions for the cultivation of a large variety of orchids with minimum cost of p...
Amindivi and Minicoy are parts of which Indian Union Territory?
Shlok Mukherjee has won the Doodle 2022 for his inspiring work ‘India on the Centre State’ for Google, he belongs to which city?
The white salt which covers the land in some areas during dry season is
The Tropic of Cancer does not pass through which of these countries neighboring India?
These forests provide commercially viable wood like Teak. Th ey are marked by high degree of gregariousness. Amla and sandalwood are also found in these...
Which of the following is incorrect with reference to Peaty soil?
Which of the following is the oldest mountain range in India?
