Question -
The Mutual fund is constituted under the provisions of which of the following acts?
Options:
A .  The Securities and Exchange Board Of India Act,1992
B .  RBI Act,1934
C .  Indian Trusts Act,1882
D .  Indian Registration Act,1908.
Answer: Option C THE MUTUAL FUND IS CONSTITUTED AS A TRUST IN ACCORDANCE WITH THE PROVISIONS OF THE INDIAN TRUSTS ACT, 1882 BY THE SPONSOR. THE TRUST DEED IS REGISTERED UNDER THE INDIAN REGISTRATION ACT, 1908.
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