Current Affairs · Agreements and MoUs
With reference to the historic MoU signed in July 2025 between the Department of Posts (DoP) and the Association of Mutual Funds in India (AMFI), which of the following statements is/are correct? 1. The agreement will streamline KYC for over 24 crore mutual fund folios using DoP's large postal network. 2. AMFI member companies will receive DoP's assistance only in urban regions for KYC collection and verification. 3. This MoU covers an estimated 9.7 million new investors annually and is initially effective for one year, renewable thereafter.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 2 and 3
- 2Only 2
- 3Both 1 and 3✓
- 4Only 1
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Both 1 and 3
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