New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In which year, Private Sector Mutual Funds in India were

    permitted?
    A 1991 Correct Answer Incorrect Answer
    B 1992 Correct Answer Incorrect Answer
    C 1993 Correct Answer Incorrect Answer
    D 1994 Correct Answer Incorrect Answer
    E 1995 Correct Answer Incorrect Answer

    Solution

    1993 was the year in which the first Mutual Fund Regulations came into being, under which all mutual funds, except UTI were to be registered and governed.

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