UPSC Exam  >  UPSC Questions  >  Consider the following statements with refere... Start Learning for Free
Consider the following statements with reference to Green Growth Equity Fund (GGEF):
1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.
2. Global Environment Facility (GEF) is the fund manager of the GGEF.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements with reference to Green Growth Equit...
  • The Green Growth Equity Fund (GGEF) is a joint UK-India Fund, specifically designed to promote sustainable energy projects. The fund, established in 2018, is focused on identifying, investing and supporting growth in zero carbon and low carbon energy solutions in the country.
  • Green Growth Equity Fund (GGEF) established with anchor investment from India’s National Investment and Infrastructure Fund (NIIF) and the Department for International Development (DFID), Government of UK. Hence statement 1 is correct.
  • The Fund is based in Mumbai (India) and shall invest in scalable operating companies and platforms across renewable energy, energy efficiency, energy storage, e-mobility, resource conservation and associated value chains.
  • GGEF aims to raise GBP 500 million from international institutional investors to invest into areas such as renewable energy, clean transportation, water, sanitation, waste management, emerging technologies and similar industries in India which offer significant investment opportunities and potential for attractive returns.
  • EverSource Capital, an equal joint venture between Everstone Group and Lightsource BP was selected as the fund manager for GGEF. Hence statement 2 is not correct.
View all questions of this test
Explore Courses for UPSC exam

Top Courses for UPSC

Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements with reference to Green Growth Equity Fund (GGEF):1. National Investment and Infrastructure Fund launched it in partnership with the Department for International Development (DFID), Government of UK.2. Global Environment Facility (GEF) is the fund manager of the GGEF.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev