Question 1 of 10
AMFI is:
A
An association of the MF AMCs in India
B
Self-Regulatory Organisation (SRO) of MF AMCs in India
C
Regulator for MF AMCs in India
D
An association of MF distributors in India
Correct Option:
A
Explanation
AMFI (Association of Mutual Funds in India) is an association of Asset Management Companies (AMCs) operating mutual funds in India. It promotes ethical and professional standards in the mutual fund industry but is not the regulator.
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