Get Started
833

Q: 'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

  • 1
    Nil Accounting Variation
  • 2
    New Asset Venture
  • 3
    Net Accounting Venture
  • 4
    Net Asset Value
  • Show Answer
  • Workspace

Answer : 4. "Net Asset Value"
Explanation :

Answer: D) Net Asset Value Explanation: Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

Previous Next
CAT Bank Exams

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today