Discussion Forum : Nabard & Other Bank Examinations
Question -
When did the private companies got the permission to set up Mutual Funds?
Answer: Option A
IN 1992 PRIVATE COMPANIES ALSO GOT PERMISSION TO SETUP MUTUAL FUNDS AND SEBI (MUTUAL FUNDS) REGULATION 1993 PROVIDES GUIDELINES FOR REGISTRATION, CONSTITUTION, MANAGEMENT AND SCHEMES OF MUTUAL FUNDS IN INDIA.
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IN 1992 PRIVATE COMPANIES ALSO GOT PERMISSION TO SETUP MUTUAL FUNDS AND SEBI (MUTUAL FUNDS) REGULATION 1993 PROVIDES GUIDELINES FOR REGISTRATION, CONSTITUTION, MANAGEMENT AND SCHEMES OF MUTUAL FUNDS IN INDIA.
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