MD & CEO Birla Balasubramanian re-elected AMFI Chairman

Current Context: MD & CEO of Birla Balasubramanian re-elected as the chairman of AMFI.

• Association of Mutual Funds in India (AMFI) re-elects A. Balasubramanian as its chairman.
• AMFI is the body of the mutual fund industry.
• AMFI has 43 Asset Management Companies that are registered with SEBI.
• Nilesh Shah was re-elected as the chairman of the AMFI Valuation Committee.
• Sundeep Sikka has been elected as chairman of the Exchange Traded Fund (ETF) committee.
• Static part- AMFI is a non-profit organisation that is an association of all AMCs of SEBI.

Question:

Q.1 What is the full form of AMFI?
a. Association of Marginal Funds of India
b. Association of Mutual Funds in India
c. Association of Mixed Funds of India
d. Association of Mainstream Funds in India