Welcome to ixamBee
Continue with your mobile number
• 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.
India’s first numberless credit card has been launched that will not display any card number, expiry date, or CVV number and allows customers to link ...
How much equity support has been approved for Northeast hydropower projects by the Union Cabinet?
When is the deadline for submitting the completed ITBS survey schedule for 2023-24?
What percentage of India's domestic airline capacity was accounted for by low-cost carriers (LCCs) in April 2024?
Consider the following statement about National Food Security Act (NFSA) 2013.
I. To provide for food and nutritional security in the human life ...
Recently 19th BIMSTEC ministerial meeting took place. Which among the following countries took chair of the meeting?
Consider the following statements regarding Argoland, recently seen in the news:
1. Geologists recently discovered Argoland, a landmass that de...
What is the capital of Mexico?
Which of the following is an annual exercise between Indian Army and Japanese Ground Self Defence Force?
Which central government scheme has provided a platform for financial inclusion by facilitating the street vendors to carry out digital transactions?
