Question

UTI is
1 point
O
is a Non-intermediary financial
institution.
is an Intermediary financial
institution
O is a Regulatory institution.
O
is a financial ombudsmun
institution​

Answer 1

Answer:

Anjali : Srijal jaa tu jaake padh le iss jiya ne meri mood ki band baja di...

kal ayenge iss id pe bahut achaa mood tha but ab nhi hai byee..

_________________

Anjali and Srijal here

_________________

Answer 2

UTI is

a) is a Non-intermediary financial institution.

b) is an Intermediary financial institution.

c) is a Regulatory institution.

d) is a financial ombudsmen institution​.

UTI is an intermediary financial institution. (option b)

• The Unit Trust of India, created by an Act of 1963, introduced in India the system of mutual funds. It collected savings of innumerable savers by selling units of smaller denominations, offered under different schemes, and invested the funds so collected in new and old issues of securities of the corporate sector.

• The UTI is an important public sector non-bank financial intermediary that acquired sizeable equity shares in a fairly large number of companies.

• Its intervention in corporate control is an integral part of the overall policy of the Government of India of employing equity holdings of all public financial institutions for enlarging the role of the state in the management and control of the corporate industry.

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