Question

How does a Mutual Fund act in the financial market?

a.

As a direct competitor to other financial institutions

b.

As a government regulatory body

c.

As a Special Purpose Vehicle (SPV) for mobilizing savings and investments

d.

As a consultant providing financial advice

Answer: (c).As a Special Purpose Vehicle (SPV) for mobilizing savings and investments Explanation:Mutual Funds is described as acting as Special Purpose Vehicles (SPVs) for mobilizing savings and investments and forming capital.

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Q. How does a Mutual Fund act in the financial market?

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