Economics · Economics

What was the primary objective of the Unit Trust of India (UTI) at its inception?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1To encourage small savers to invest and channel their funds into corporate shares.✓
2Selling shares of companies.
3To invest only in the stock market.
4To promote large investors.

Correct answer

To encourage small savers to invest and channel their funds into corporate shares.

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