Economics · Financial Institutions
Which institution pool savings from small investors and invests them in the industrial development of the country, passing on the profits to the investors?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial Finance Corporation of India (IFCI)
- 2National Bank for Agriculture and Rural Development (NABARD)
- 3Small Industries Development Bank of India (SIDBI)
- 4Unit Trust of India (UTI)✓
Correct answer
Unit Trust of India (UTI)
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