To give everyone a chance to indirectly own shares and securities in a large number of select companies
To maximize mobilization of people's savings by making insurance linked savings adequately attractive
To channelize the pooled savings into productive out-lets
To mobilize savings of the community by offering savers the triple benefits of safety liquidity and profitability of investments
Answer is Right!
Answer is Wrong!
The correct answer is B. To maximize mobilization of people’s savings by making insurance linked
savings adequately attractive.UTI’s objectives are to:
- Mobilize savings of the community by offering savers the triple benefits of safety, liquidity, and profitability of investments.
- To give everyone a chance to indirectly own shares and securities in a large number of select companies.
- To channelize the pooled savings into productive outlets.
Option B is not an objective of UTI because it is not in line with the organization’s mandate to mobilize savings and invest them in productive outlets. Insurance linked savings are not considered to be productive investments, as they do not generate income or create jobs.