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National Land Monetization Corporation (NLMC) functions under the administrative jurisdiction of which Ministry?
  • a)
    Ministry of Rural Development
  • b)
    Ministry of Commerce and Industry
  • c)
    Ministry of Finance
  • d)
    Ministry of Home Affairs
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
National Land Monetization Corporation (NLMC) functions under the adm...
The Finance Minister had announced plans to set up a special purpose vehicle for this purpose in the Union Budget 2021−22.
In August, 2021, the government of India launched the National Monetisation Pipeline (NMP).
The new company will be set up under the administrative jurisdiction of the finance ministry.
NLMC will hire professionals from the private sector just as in the case of similar specialized government companies like the National Investment and Infrastructure Fund (NIIF) and Invest India.
Hence, the correct option is (C).
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Community Answer
National Land Monetization Corporation (NLMC) functions under the adm...
Ministry of home affairs
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National Land Monetization Corporation (NLMC) functions under the administrative jurisdiction of which Ministry?a)Ministry of Rural Developmentb)Ministry of Commerce and Industryc)Ministry of Financed)Ministry of Home AffairsCorrect answer is option 'C'. Can you explain this answer?
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