1964
1904
1968
1970
Answer is Right!
Answer is Wrong!
The correct answer is: A. 1964.
Unit Trust of India (UTI) was established on 1st July 1964. It was the first mutual fund in India. UTI was established by the Government of India with the objective of mobilizing small savings and channeling them into productive investments. UTI was a pioneer in the mutual fund industry in India and played a key role in the development of the Indian capital market.
Option B, 1904, is incorrect because UTI was established in 1964.
Option C, 1968, is incorrect because UTI was established in 1964.
Option D, 1970, is incorrect because UTI was established in 1964.