05 December, 2019
Syllabus subtopic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
News: The Cabinet Committee on Economic Affairs approved launch of India’s first fixed income Exchange Traded Fund (ETF) comprising AAA-rated debt securities of state-owned companies.
Prelims and Mains focus: About ETFs and their advantages, key differences between ETFs and mutual funds
About the ETF launched
Exchange Traded Fund
Note: To know the difference between ETFs and Mutual Funds click on the link below:
Source: Indian Express
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