By which act UTI came into existence?
By which act UTI came into existence?
[A]UTI Act, 1963
[B]UTI Act, 1965
[C]UTI Act, 1971
[D]UTI Act, 1968
UTI Act, 1963As per the UTI Act, 1963, the Unit trust of India (UTI) was formed in 1963 to encourage savings and investment of the middle and low income groups.