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      Question

      According to AMFI, mutual funds will deposit the

      redemption amount from equity schemes in investors’ bank accounts within ___ days of the transaction.
      A 2 Correct Answer Incorrect Answer
      B 3 Correct Answer Incorrect Answer
      C 4 Correct Answer Incorrect Answer
      D 5 Correct Answer Incorrect Answer
      E 6 Correct Answer Incorrect Answer

      Solution

      According to the information provided by the Association of Mutual Funds in India (AMFI), mutual funds will deposit the redemption amount from equity schemes in investors’ bank accounts within three days of the transaction.

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