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  • Question
  • Which among the following tops in the list of Association of Mutual Funds in India (Amfi)?


  • Options
  • A. ICICI Prudential Asset Management
  • B. HDFC Asset Management
  • C. Reliance Capital Asset Management
  • D. UTI Asset Management

  • Correct Answer
  • HDFC Asset Management 

    Explanation
    India's asset management companies (AMCs) own assets under management (AUM) worth Rs24.46 trillion, according to data released by the Association of Mutual Funds in India (Amfi). HDFC Asset Management Co. Ltd has claimed the top spot with an average AUM of Rs3.42 trillion, overtaking ICICI Prudential Asset Management Co. Ltd with an average AUM of at Rs3.20 trillion. Out of the total industry assets, a huge 82.7% is owned by the top 10 AMCs, who have owned around 80% of the industry assets over at least three years now.

  • More questions

    • 1. Who will be the head of the Defence Cyber Agency (DCA)?

    • Options
    • A. Rear Admiral G. S. Pabby
    • B. Rear Admiral M. S. Pawar
    • C. Rear Admiral Mohit Gupta
    • D. Rear Admiral G. Ashok Kumar,
    • Discuss
    • 2. Which state launched the Rice Knowledge Bank webportal to magnify knowledge on rice production technologies and techniques?

    • Options
    • A. Assam
    • B. Maharashtra
    • C. Gujarat
    • D. Punjab
    • Discuss
    • 3. "The Salesman" has won the Best Foreign Language Film at 89th Oscar Academy Awards. The movie is directed by whom?

    • Options
    • A. Bentley Dean
    • B. Asghar Farhadi
    • C. Maren Ade
    • D. Taraneh Alidoosti
    • Discuss
    • 4. The book "The Future of India" has been authored by whom?

    • Options
    • A. Bimal Jalan
    • B. C Rangarajan
    • C. Y Venugopal Reddy
    • D. Bipin Ganatra
    • Discuss
    • 5. Who is the author of the book "Numbers Do Lie: 61 Hidden Cricket Stories"?

    • Options
    • A. Greg Chappell
    • B. Suresh Menon
    • C. Pankaj Mishra
    • D. Akash Chopra
    • Discuss
    • 6. Which union ministry has launched "Trade Infrastructure for Export Scheme (TIES)" for developing export-linked infrastructure?

    • Options
    • A. Ministry of Commerce and Industry
    • B. Ministry of Finance
    • C. Ministry of Heavy Industries and Public Enterprises
    • D. Ministry of Power
    • Discuss
    • 7. April 26 observed as a World Intellectual Property Day. It's theme for the year 2019 is;

    • Options
    • A. Reach for Gold: IP and Sports
    • B. Innovation - Linking the World
    • C. Designing the Future
    • D. Creativity - The Next Generation
    • Discuss
    • 8. Sudin Dhavalikar, Vijay Sardesai was appointed as the Deputy CM of which Indian state?

    • Options
    • A. Andra Pradesh
    • B. Maharashtra
    • C. Bihar
    • D. Goa
    • Discuss
    • 9. How many satellites where launched by China from Taiyuan Satellite Launch Centre?

    • Options
    • A. 2
    • B. 3
    • C. 4
    • D. 5
    • Discuss
    • 10. US-based virtual search start-up acquired by Facebook to boost AI capabilities is?

    • Options
    • A. Balsamiq
    • B. Buffer
    • C. GrokStyle
    • D. Avocent
    • Discuss


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