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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. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by

    • Options
    • A. 2021
    • B. 2022
    • C. 2023
    • D. 2024
    • Discuss
    • 2. Who is the author of the book "Feroze: the Forgotten Gandhi"?

    • Options
    • A. John Nicolsen
    • B. Bertil Falk
    • C. Shashi Tharoor
    • D. William Dalrymple
    • Discuss
    • 3. The book "Story of an Escape" was authored by whom?

    • Options
    • A. Konijeti Rosaiah
    • B. Govind Singh Gurjar
    • C. Surjit Singh Barnala
    • D. P S Ramamohan Rao
    • Discuss
    • 4. Which union minister has launched PowerTex India scheme to boost powerloom sector?

    • Options
    • A. Narendra Modi
    • B. Smriti Irani
    • C. Rajnath Singh
    • D. Arun Jaitley
    • Discuss
    • 5. The Union Cabinet recently approved an MoU signed in the field of Cyber Security. The MoU was signed with which of the following countries?

    • Options
    • A. The United States of America
    • B. Britain
    • C. Switzerland
    • D. Germany
    • Discuss
    • 6. Rana Kanwar Pal was elected as the Speaker of the Legislative Assembly of

    • Options
    • A. Uttar Pradesh
    • B. Punjab
    • C. Goa
    • D. Manipur
    • Discuss
    • 7. Abhishek Verma won the gold medal at __________ air pistol in the ISSF World Cup.

    • Options
    • A. 10m
    • B. 20m
    • C. 30m
    • D. 50m
    • Discuss
    • 8. Noted agriculturalist Nel Jayaraman passed away recently. He belongs to which state?

    • Options
    • A. Karnataka
    • B. Andra Pradesh
    • C. Kerala
    • D. Tamil Nadu
    • Discuss
    • 9. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

    • Options
    • A. 12.24%
    • B. 12.54%
    • C. 13.24%
    • D. 13.54%
    • Discuss
    • 10. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss


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