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Which of the following statements is/are correct with reference to National Investment and Infrastructure Fund (NIIF)?
It is an entity set up by the government to provide long-term financing for infrastructure projects in the country.
  • The Foreign investors have a 100% stake in the fund.
    Choose the correct answer using the codes given below:
    • 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?
    Most Upvoted Answer
    Which of the following statements is/are correct with reference to Na...
    Explanation:




    1. National Investment and Infrastructure Fund (NIIF) is an entity set up by the government to provide long-term financing for infrastructure projects in the country:
    NIIF is a fund created by the Government of India for enhancing infrastructure financing in the country. It is a quasi-sovereign wealth fund that invests in infrastructure projects and companies. The aim of NIIF is to attract investment from both domestic and international sources for infrastructure development in India.



    2. The Foreign investors do not have a 100% stake in the fund:
    Foreign investors do have the opportunity to invest in NIIF, but they do not have a 100% stake in the fund. The fund is structured in a way that allows a mix of domestic and international investors to participate in infrastructure projects. The Indian government also holds a significant stake in the fund, along with other domestic investors.

    Therefore, the correct answer is option 'A' - 1 only.
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    Community Answer
    Which of the following statements is/are correct with reference to Na...
    NIIF is a government-backed entity established to provide long-term capital to the country’s infrastructure sector. Hence, statement 1 is correct. The Indian government has a 49% stake in NIIF with the rest held by foreign and domestic investors. Hence, statement 2 is not correct With the Centre’s significant stake, NIIF is considered India’s quasi-sovereign wealth fund. It was set up in December 2015 as a Category-II Alternate Investment Fund. Across its three funds, it manages over USD 4.3 billion of capital. Its registered office is in New Delhi.
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    Which of the following statements is/are correct with reference to National Investment and Infrastructure Fund (NIIF)? It is an entity set up by the government to provide long-term financing for infrastructure projects in the country. The Foreign investors have a 100% stake in the fund. Choose the correct answer using the codes given below:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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