26. TOTAL 23 STOCK EXCHANGES IN INDIA NORTH ZONE EAST ZONE WEST ZONE SOUTH ZONE Kanpur Bhubaneswar Ahmedabad Bangalore Ludhiana Calcutta Baroda Chennai New Delhi Gauhati Indore Cochin Jaipur Patna Mumbai Coimbatore Pune Mangalore Inter connected National Stock Exch OTC Exchange of India
32. MUTUAL FUND IS MECHANISM OF POOLING RESOURCES(MONEY) FROM INVESTORS & INVEST IN SECURITIES( STOCKS & BONDS) WHICH WILL BE MANAGED BY PROFESSIONAL PEOPLE CALLED THE FUND MANAGERS ALSO KNOWN AS PORTFOLIO MANAGERS. THE INVESTMENT PROCEEDS( LOSS OR PROFIT) ARE THEN PASSED ON TO THE RESPECTIVE INDIVIDUAL. WHAT IS MUTUAL FUND?