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  • Question
  • ICICI Prudential Mutual Fund launched ICICI Prudential Bharat Consumption Scheme to get advantage from the Indian consumption market. The minimum investment of this scheme is;


  • Options
  • A. Rs 2,000
  • B. Rs 35000
  • C. Rs 4,000
  • D. Rs 5,000

  • Correct Answer
  • Rs 5,000 

    Explanation
    ICICI Prudential Mutual Fund launched ICICI Prudential Bharat Consumption Scheme to get advantage from the Indian consumption market, which is considered as one of the fastest growing consumption markets globally. Nifty India Consumption Index is the benchmark for the Scheme. It will be managed by Rajat Chandak, Dharmesh Kakkad and Priyanka Khandelwal will manage the overseas investments. Minimum investment of this scheme is Rs 5,000 and in multiples of one rupee thereafter. Penalty for leaving the scheme is 1 percent if investments are redeemed within 12 months from the date of allotment.

  • More questions

    • 1. Indian Army mountaineering expedition team has sited mysterious footprints of which mythical creature near Makalu Base Camp, located in North-Eastern Himalayas?

    • Options
    • A. Werewolf
    • B. Monster
    • C. Yeti
    • D. Unicorn
    • Discuss
    • 2. Which of the following amendment bill will allow individuals to offer voluntarily biometric ID for opening a bank account and getting a mobile phone connection?

    • Options
    • A. Aadhaar and Other Laws (Amendment) Bill, 2016
    • B. Aadhaar card (Amendment) 2019
    • C. Aadhaar and Other Laws (Amendment) Bill, 2017
    • D. Aadhaar and Other Laws (Amendment) Bill, 2018
    • Discuss
    • 3. President Ram Nath Kovind appointed whom as the Chief Justice of the Karnataka High Court?

    • Options
    • A. Mohammad Rafiq
    • B. Abhay Shreeniwas Oka
    • C. Raghvendra Singh Chauhan
    • D. Vijay Kumar Bist
    • Discuss
    • 4. India's Haj Quota increased from 1.75 lakh to __________ by Saudi Arabia.

    • Options
    • A. 2 lakh
    • B. 2.2 lakh
    • C. 2.5 lakh
    • D. 3 lakh
    • Discuss
    • 5. With whom Hughes Communication India have agreed to merge their broadband satellite business to improve operational efficiencies?

    • Options
    • A. BSNL
    • B. Bharti Airtel
    • C. Relaince Jio
    • D. Vodafone
    • Discuss
    • 6. What is the name of the world's first complete parent-wise genome assembly of buffalo developed by National Dairy Development Board (NDDB)?

    • Options
    • A. NDDB_ABRO_Murrah
    • B. NDDB_AGRO_Murrah
    • C. NDDB_AVNI_Murrah
    • D. NDDB_ACRO_Murrah
    • Discuss
    • 7. IGNOU has launched an awareness programme on GST in collaboration with which stock exchange?

    • Options
    • A. BSE
    • B. NSE
    • C. India International Exchange
    • D. OTCEI
    • Discuss
    • 8. Which economic corridor was excluded from the Belt and Road Forum (BRF) recently?

    • Options
    • A. China-Myanmar Economic Corridor (CMEC)
    • B. Bangladesh-China-India-Myanmar (BCIM) Economic Corridor
    • C. Nepal-China-India Economic Corridor(NCIEC)
    • D. China-Pakistan Economic Corridor (CPEC)
    • Discuss
    • 9. The upper house of Indian Parliament, Rajya Sabha recently passed which crucial bill?

    • Options
    • A. Hindu Marriage Bill
    • B. Transgender Bill
    • C. HIV/ AIDS Prevention and Control Bill
    • D. Gay Marriage Bill
    • Discuss
    • 10. Which magazines recently released its cover featuring image of PM Narendra Modi with headline 'India's Divider in Chief'?

    • Options
    • A. Cosmopolitan
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