Multiple choice

When was UTI set up?

  1. 1964

  2. 1965

  3. 1966

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

UTI (Unit Trust of India) was established in 1964 by an Act of Parliament to mobilize savings and promote investment in securities. It was India's first mutual fund and played a key role in developing the capital markets. 1964 is the correct founding year.

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