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Question 1.

 Which of the following is not a type of Mutual funds?

A.

Open ended fund

B.

Closed ended fund

C.

Intermediate fund

D.

Interval fund

Explanation :

Intermediate fund is not a type of Mutual fund

 

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Question 2.

 Which of the following is a stage in Money Laundering?

A.

Layering

B.

Purchasing

C.

Transfering

D.

Investing

Explanation :

Layering is a stage in Money Laundering

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Question 3.

Which of the following statement is true about Primary Securities?

A.

These are the assets directly related to your business or project for which you have taken a loan and kept that as security.

B.

These are the assets indirectly related to your business or       project for which you have taken a loan and kept that as  security.

C.

It can also be issued by a third party or any intermediary.

D.

taking a personal loan and mortgaging your house, hypothecation of jewellery against any loan, etc.

Explanation :

These are the assets directly related to your business or project for which you have taken a loan and kept that as security.

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