Multiple choice

UTI has been divided into two parts UTI-I and UTI-II. Which part has been kept under the control of the government?

  1. UTI-I

  2. UTI-II

  3. Both the above

  4. None of the above
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A Correct answer
Explanation

Following the restructuring of the Unit Trust of India (UTI), UTI-I was retained under government control to manage the assured return schemes, while UTI-II was transferred to the private sector.

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