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     EduGorilla 
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    Direction: Read the following passage and answer the question(s) that follow.
    The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. As of August 2013, the total AUM stood at Rs. 7.66 trillion. However, growth rates of AMCs have come down from the peak levels seen in the early 2000s. One of the biggest reasons behind this is the lack of healthy participation from a large part of the country.

    What is the current AUM/GDP ratio in India?

    Options :-

    1. 5%
    2. 10%
    3. 23%
    4. 32%
    5. 34%
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Reply To: Direction: Read the following passage and answer the question(s) that follow. The Indian mutual fun….
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