Economics · Economy
What is an Index Fund?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A fixed-income government security that guarantees inflation-indexed returns
- 2A mutual fund that invests in stocks mimicking a specific market index✓
- 3An emergency fund set up by the Central Government for macroeconomic stability
- 4A fund with state governments to provide relief during natural calamities
Correct answer
A mutual fund that invests in stocks mimicking a specific market index
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