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Question

Which one of the following is not the objective of UTI ?

A To mobilise savings of the community by offering savers the triple benefits of safety, liquidity and profitability of Investments.

B To channelise the pooled savings into productive outlets.

C To provide finance under hire purchase finance and housing finance to its members.

D To give every one a chance to indirectly own shares and securities in a large number of select companies.

Answer & Explanation
Answer:To provide finance under hire purchase finance and housing finance to its members.

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