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10. Loans of very small amounts given to low income groups is called:
A. Cash credit
B. Simple overdraf
C. Micro credit
D. None of these
11. Retail Banking refers to the dealing of commercial banks with individual customers on, (i) Liabilities, (ii) Assets.
A. only i.
B. only ii.
C. both i and ii.
D. None of these.
19. Who plays a role of catalyst for setting new standards and refining existing ones in many areas in
Mutual Fund industry?
A. SEBI
B. RBI
C. AMFI
D. Government of India
20. Which type of equity fund offer tax benefit to investors under section 80 C of the income tax act?
A. Thematic Fund
B. Balanced Fund
C. ELSS Fund
D. Sector Fund
21. What would a good agent would never do while selling a mutual fund?
A. Describe the past performance of the scheme
B. Compare the fund with other mutual funds
C. Assure a rate of return
D. Compare the fund with other financial products
23. A mutual fund that invests solely in stocks would be categorized as a/an
A. bond fund
B. fixed income fund
C. money market fund
D. equity fund