Consider the following statements.
1. UTI is established by an Act of Parliament in 1964. So, UTI does not come under the SEBI regulations for mutual funds.
2. Mutual fund organisations can invest their mobilised funds abroad.
Which of the statement(s) given above is/are correct?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
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D. None of the above
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C. Population control measures
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