Multiple choice

U.T.I stands for

  1. Union for Textiles India

  2. Union for Trade India

  3. Union for Trustees India

  4. Unit Trust of India

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Unit Trust of India (UTI) was established in 1964 as a major financial institution to promote investment in securities and mobilize savings for the country's economic development. The other options are incorrect - UTI was not related to textiles, trade, or trustees.