RBI Grade B Officer 28 May 2022 Paper

Question : 14 of 200

Marks: +1, -0

The government has approved the launch of Bharat Bond Exchange Traded Fund (ETF) in order to allow the investors to buy government debts. Which of the following statement is not true regarding Bharat Bond ETF? (Dec 2019)

It is India’s first corporate bond exchange traded fund
An Exchange-Traded Fund (ETF) is a basket of securities that trade on an exchange, just like a stock.
Each ETF will have a fixed maturity date and initially, they will be issued in two series, of 3 years and 5 years
The small unit size of the ETF is Rs.1,000
None of the above

Validate

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