MCQOPTIONS
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| 1. |
Very often we read in newspapers/ magazines about 'Sovereign Wealth Funds' Which of the following is the correct description of the same? |
| A. | These are the funds or the reserves of a government or central ban of a country which are invested further to earn profitable returns |
| B. | These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several Years |
| C. | The funds which are created to be used as relief funds or bailout packages are known as sovereign funds |
| D. | Both 'b' and 'c' |
| Answer» B. These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several Years | |