Multiple choice

Post office funds will now be managed in capital market by

  1. Unit Trust of India Mutual Fund

  2. SBI Mutual Fund

  3. LIC Mutual Fund

  4. Both (A) and (B)

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

The government allowed post office funds to be managed in the capital market, and this responsibility was entrusted to both the Unit Trust of India (UTI) Mutual Fund and SBI Mutual Fund.