57. Lok Sabha has recently passed the Compensatory Afforestation Fund bill. Which of the following statements are true with respect to the same?
i) Compensation must be paid for loss of forest ecosystem and biodiversity to the central and state government.
ii) The National Fund will receive 90% and the State Funds will receive the remaining 10%
Options:

a) i only

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b) ii only

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c) Both i and ii

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d) Neither i nor ii

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Solution

The correct option is A a) i only

A)
Explanation:

The National CAF and State CAFs will receive payments for:

i. Compensatory afforestation

ii. Net present value of forest NPV., and

iii. Other project specific payments.

The National Fund will receive 10% and the State Funds will receive the remai

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Similar questions

With reference to Compensatory Afforestation Fund Act 2016, consider the following statements:

1. It established National Compensatory Afforestation Fund (NCAF) under the public account of India.

2. The National Fund will receive 10% of these funds, and the State Funds will receive the remaining 90%.

Which of the above statement(s) is/are correct?

क्षतिपूरक वनीकरण कोष अधिनियम 2016 के संदर्भ में, निम्नलिखित कथनों पर विचार करें:

1. इसने भारत के सार्वजनिक खाते के अधीन राष्ट्रीय क्षतिपूरक वनीकरण कोष (NCAF) की स्थापना की।

2. इस कोष में से 10% राष्ट्रीय कोष को और शेष 90% राज्य कोष को प्राप्त होगा ।

उपरोक्त कथनों में से कौन सा/से सही है/हैं?

The Compensatory Afforestation Fund Bill, 2015 proposes using of the fund to finance which of the following

Choose the correct code:

Q2. Consider the following statements related to National Investment and Infrastructure Fund (NIIF):

1. NIIF is registered with SEBI as Category II Alternative Investment Fund (AIF).

2. The Purpose of the fund is to receive disinvestment proceeds of central public sector enterprises.

3. 5% of the total funds collected in it becomes a part of Consolidated Fund of India.

Which of the above statement(s) is/are correct?

Q22. With reference to National Investment Fund (NIF), consider the following statements

1. Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings

2. Earnings of the Fund were to be used for selected Central social welfare Schemes

3. Fund is part of the consolidated fund of India

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