Multiple choice general knowledge

NFO stands for ______

  1. Naive Fund Offer

  2. National Fund Office

  3. New Fund Offer

  4. News From Office
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

NFO stands for New Fund Offer, which is the launch of a new mutual fund scheme where investors can subscribe to units at the offer price. It's similar to an IPO in stocks. The other options are incorrect as they don't represent the standard mutual fund terminology.

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