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Which one of the following statements is not correct?
- a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.
- b)NIIF is a fund for the enhancing infrastructure facility in the country
- c)NIIF and NIF (National Investment Fund) are the names of the same organization
- d)NIIF can have more than one alternative investment fund
Correct answer is option 'D'. Can you explain this answer?
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Which one of the following statements is not correct?a)Creation of Nat...
- National Investment and Infrastructure Fund is India’s first sovereign wealth fund that was set up by the Government of India in February 2015.
- The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment in commercially viable projects.
- The National Investment Fund (NIF) was set up in November 2005 for channelizing the proceeds from disinvestment of Central Public Sector Enterprises.
- From the fiscal year 2013-14, the disinvestment proceeds were credited to the existing NIF which is a ‘Public Account’ under the Government Accounts. The funds would remain there until withdrawn/invested for the approved purposes.
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Which one of the following statements is not correct?a)Creation of Nat...
Explanation:
Creation of National Investment and Infrastructure Fund (NIIF)
The creation of National Investment and Infrastructure Fund (NIIF) was indeed announced in the Budget of 2015-16 by the Indian government. The primary objective of NIIF is to channel investments into the infrastructure sector in India.
NIIF is a fund for enhancing infrastructure facility in the country
NIIF is specifically designed to enhance infrastructure facilities in the country by attracting investment from both domestic and international sources. It aims to provide long-term capital to various infrastructure projects in sectors such as energy, transportation, housing, water, and sanitation.
NIIF and NIF are not the same organization
NIIF and NIF (National Investment Fund) are two separate entities. While NIIF focuses on infrastructure development, NIF was established to receive disinvestment proceeds from the government and manage these funds in a professional manner.
NIIF can have more than one alternative investment fund
This statement is not correct. NIIF is structured as a fund of funds, meaning it can invest in multiple sub-funds but is itself a single entity. It cannot have more than one alternative investment fund.
Creation of National Investment and Infrastructure Fund (NIIF)
The creation of National Investment and Infrastructure Fund (NIIF) was indeed announced in the Budget of 2015-16 by the Indian government. The primary objective of NIIF is to channel investments into the infrastructure sector in India.
NIIF is a fund for enhancing infrastructure facility in the country
NIIF is specifically designed to enhance infrastructure facilities in the country by attracting investment from both domestic and international sources. It aims to provide long-term capital to various infrastructure projects in sectors such as energy, transportation, housing, water, and sanitation.
NIIF and NIF are not the same organization
NIIF and NIF (National Investment Fund) are two separate entities. While NIIF focuses on infrastructure development, NIF was established to receive disinvestment proceeds from the government and manage these funds in a professional manner.
NIIF can have more than one alternative investment fund
This statement is not correct. NIIF is structured as a fund of funds, meaning it can invest in multiple sub-funds but is itself a single entity. It cannot have more than one alternative investment fund.
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Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer?
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Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer?.
Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements is not correct?a)Creation of National Investment and Infrastructure Fund (NIIF)was announced in the Budget, 2015-16.b)NIIF is a fund for the enhancing infrastructure facility in the countryc)NIIF and NIF (National Investment Fund) are the names of the same organizationd)NIIF can have more than one alternative investment fundCorrect answer is option 'D'. Can you explain this answer?.
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