Who manages investments for a minor in India? Option: A guardian, A bank manager, The minor themselves, A financial advisor

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Who manages investments for a minor in India?

A guardian

A bank manager

The minor themselves

A financial advisor

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Which of the following is NOT an investment avenue available to minors in India?

Fixed Deposits

Real Estate

Public Provident Fund (PPF)

Sovereign Gold Bonds

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Which document is NOT required when a minor opens a trading and Demat account in India?

PAN card of the guardian

Birth certificate

PAN card of the minor

Aadhaar card of the minor

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Which regulatory body oversees Mutual Funds in India?

Pension Fund Regulatory and Development Authority (PFRDA)

Securities and Exchange Board of India (SEBI)

Reserve Bank of India (RBI)

Insurance Regulatory and Development Authority of India (IRDAI)

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Which regulatory body oversees mutual funds in India?

"SEBI"

"PFRDA"

"RBI"

"IRDAI"

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What is the key difference between SSY and Children's Mutual Funds regarding account management?

SSY accounts are transferred to the child at 18, while parents manage Children's Mutual Funds.

There is no difference in account management between SSY and Children's Mutual Funds.

SSY accounts are managed by the government, while Children's Mutual Funds are managed by private institutions.

SSY accounts require joint management by both parents, while Children's Mutual Funds can be managed by a single parent.