Multiple choice

Which part of the divided UTI is working as Mutual Fund under SEBI rules?

  1. UTI-I

  2. UTI-II

  3. Both of these

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

UTI-II is working as Mutual Fund under SEBI rules. UTI-II was brought under SEBI rules and regulations while UTI-I was brought under direct government control since its schemes offered guaranteed returns. 

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