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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. Union Government signed USD 350 million loan agreement with which financial organisation for road projects in Madhya Pradesh?

    • Options
    • A. International Monetary Fund (IMF)
    • B. World Bank
    • C. New Development Bank
    • D. Asian Development Bank
    • Discuss
    • 2. The film, 'Pele: Birth of a Legend', is featured in the initial list of Oscar nomination for two categories Best Original Score and Original Song category. Which song from the movie has been selected as one of the nomination contenders?

    • Options
    • A. Against All Odds
    • B. Ginga
    • C. Locker Room
    • D. Conquering the Demons
    • Discuss
    • 3. Who is the author of the book "Every Time It Rains"?

    • Options
    • A. Vikram Seth
    • B. Nikitha Singh
    • C. Mahi Jadon
    • D. Amitav Ghosh
    • Discuss
    • 4. Which film has won the Golden Peacock award at the 2016 International Film Festival of India (IFFI)?

    • Options
    • A. Rauf
    • B. Daughter
    • C. The Throne
    • D. Cold of Kalandar
    • Discuss
    • 5. The world's largest open air theatre, 11-days Bargarh Dhanu Yatra that concluded in second week of January 2017 with the death King Kansa at the hands of his nephew Lord Krishna is held in which state?

    • Options
    • A. Bihar
    • B. Uttar Pradesh
    • C. Jharkhand
    • D. Odisha
    • Discuss
    • 6. Which Indian Film opens the 2018 London Indian Film Festival?

    • Options
    • A. Sanju
    • B. Race 3
    • C. Raazi
    • D. Love Sonia
    • Discuss
    • 7. Famous HIV/AIDS researcher Mark Wainberg passed away recently. He belonged to which country?

    • Options
    • A. USA
    • B. Canada
    • C. United Kingdom
    • D. Australia
    • Discuss
    • 8. Which film won the Best Foreign Film in Oscar 2019?

    • Options
    • A. Shoplifters
    • B. Cold War
    • C. Roma
    • D. Capernaum
    • Discuss
    • 9. Which Hockey team won Malaysia series?

    • Options
    • A. Germany
    • B. Spain
    • C. India
    • D. Malaysia
    • Discuss
    • 10. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss


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