[Solved] An Asset Management Company is promoted for which of the following purposes?

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Q.	An Asset Management Company is promoted for which of the following purposes?
A.	To manage the assets of insurance company
B.	To manage the funds of a mutual fund
C.	To manage loans taken from other banks
D.	To manage the assets of NBFCs
E.	None of these
Answer» B. To manage the funds of a mutual fund

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