Multiple choice general knowledge

The US-64 is the flagship scheme of which Indian Financial instituion /?

  1. Federal Bank

  2. ICICI

  3. LIC

  4. UTI
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D Correct answer
Explanation

US-64 (Unit Scheme 1964) was the flagship mutual fund scheme of UTI (Unit Trust of India), launched in 1964. It was one of the most popular investment vehicles in India for decades. LIC, ICICI, and Federal Bank are different financial institutions - LIC is an insurance company, ICICI is a banking/financial services group, and Federal Bank is a private sector bank.

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