21. The erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund registered in which year?1. July 1993
2. May 1993
3. July 1991
4. July 1992
5. June 1993
Option “1” is correct.
The erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund registered in July 1993.
22. The Mutual Fund Regulations from SEBI was introduced in which year?1. 1990
2. 1994
3. 1991
4. 1996
5. 1995
Option “4” is correct.
Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 is a set of regulations in India that govern mutual funds.
23. What is the full form of ETF?1. Exchange Traded Foundation
2. Exchange Trade Fund
3. Exchange Traded Fund
4. Exchange Trading Fund
5. External Traded Fund
Option “3” is correct.
An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
24. UTI was setup by whom?1. RBI
2. GOI
3. SEBI
4. SBI
5. None of these
Option “1” is correct.
Unit Trust of India (UTI) was established in 1963 by an Act of Parliament. It was set up by the Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India.
25. What is the full form of NAV?1. Net Asset Volume
2. Net Assessment Value
3. Negotiable Asset Value
4. Net Asset Value
5. None of these
Option “4” is correct.
Net asset value
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