What is the name of Ramoji Rao's chit fund company?
Margadarsi Chit Fund
Sahara India
Shriram Chits
Muthoot Finance
Answer
Margadarsi Chit Fund is the name of Ramoji Rao's chit fund company. Chit funds are popular investment schemes in India, where a group of individuals contribute a fixed amount of money each month, and one member receives the entire pot at random intervals. Ramoji Rao, a renowned Indian film producer and media mogul, established Margadarsi Chit Fund in the 1980s.
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