When Did Mutual Fund Start in India

The Indian mutual fund industry has a long history, dating back to 1963 when the first mutual fund was launched by the Unit Trust of India (UTI). UTI was established by the Government of India and was the sole provider of mutual funds in the country until the 1990s. In 1993, the Securities and Exchange … Read more

Can You Lose Money on a Butterfly Option

Losing money on a butterfly option is possible, even though it involves buying and selling options. Buying the lower-priced call and put options means you could lose the difference between the strike prices and the premiums paid. Shorting the higher-priced call option limits losses, but if the stock price moves significantly in either direction, you … Read more

Why Were People Angry About Ship Money

Ship money was a tax levied on coastal towns in England and Wales in the 17th century to finance the Royal Navy. It initially was only collected in coastal areas, but was later expanded to inland counties. This expansion angered many people because they felt it was an unfair tax that was not based on … Read more

Is Moleskine Worth the Money

Moleskine notebooks are renowned for their premium quality and stylish design. Their paper is thick and durable, providing a smooth writing experience that minimizes bleed-through. The covers are crafted from sturdy materials like leather or fabric, ensuring durability and a sophisticated look. While their price point is higher, Moleskine notebooks offer exceptional value for those … Read more

How Much Money Did Fiona Get

Fiona’s inheritance was a substantial sum, allowing her to live comfortably while pursuing her passions. The exact amount she received remains confidential, but estimates suggest it was in the millions of dollars. This inheritance gave Fiona the freedom to explore her interests without financial constraints, enabling her to make bold decisions and pursue opportunities that … Read more

Do Dispatchers Make Good Money

Dispatchers play a crucial role in ensuring the efficient movement of goods and people, often working behind the scenes to coordinate deliveries, transportation, and emergency services. Their responsibilities include managing schedules, tracking shipments, and monitoring vehicle locations. While the exact salary range can vary depending on experience, location, and industry, dispatchers generally earn competitive salaries. … Read more

Do You Get Money From Loqbox

Loqbox, a crowdsourcing platform, offers opportunities for individuals to earn money by completing tasks. Users can participate in various activities, such as reviewing documents, annotating data, and providing transcriptions. The platform utilizes a quality control system to ensure the accuracy and consistency of submissions. Payments are made through secure online methods, such as PayPal or … Read more

How Do I Undo Undeposited Funds

Undoing an undeposited fund involves reversing a transaction that has not yet been credited to your bank account. This can be done by contacting the sender of the funds, whether it’s an individual or a company. You should request them to cancel the transaction and provide them with the necessary details, such as the transaction … Read more