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Examveda

What is the full form of "AMFI"?

A. Annual Market Forecasting Institute

B. Association of Mutual Financial Institute

C. Association of Mutual Federation in India

D. Association of Mutual Funds in India

Answer: Option D

Solution(By Examveda Team)

The Association of Mutual Funds in India is an industry standards organisation in India in the mutual funds sector. It was formed in 1995. Most mutual funds firms in India are its members. The organisation aims to develop the mutual funds market in India, by improving ethical and professional standards.

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