Financial Fitness Challenge

What is the primary purpose of an IPO (Initial Public Offering) in the stock market?

• To distribute dividends to shareholders

• To merge two companies

• To increase the debt of the company

• To allow private companies to become public by offering shares

What is the primary objective of a liquid mutual fund?

• Capital appreciation

• Long-term growth

• Short-term liquidity

• Tax Saving

What does 'NAV' stand for in mutual funds?

• Net Asset Valuation

• Nominal Asset Value

• Net Asset Value

• Net Accounting Value

Which of the following mutual fund schemes invests primarily in government securities?

• Sectoral Fund

• Gilt Fund

• Index Fund

• Equity Fund

How often are mutual fund performance reports typically provided to Investors?

• Quarterly

• Daily

• Annually

• Monthly