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Very often we read in newspapers/ magazines about 'Sovereign Wealth Funds' Which of the following is the correct description of the same?
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- These are the funds or the reserves of a government or central ban of a country which are invested further to earn profitable returns
- These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several Years
- The funds which are created to be used as relief funds or bailout packages are known as sovereign funds
- Both 'b' and 'c'
Correct Option: A
N/A
