Current Affairs

GK MCQs Section
Q. What is full form of SIP in mutual funds?
Answer: Systematic Investment Plan
Notes: A Systematic Investment Plan is an investment plan offered by mutual funds to investors to allow them to invest small amounts periodically instead of large sums at one time. The frequency of investment is usually weekly, monthly or quarterly.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 11 in 82-Mutual Funds in the above course in App.