Consider the following statements in relation to the National Investment Fund (NIF) 2006:

NIF will consist of proceeds from disinvestment of government equity in PSUs.

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It would be maintained outside the Consolidated Fund of India.

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The Fund will be used to finance selected social sector schemes.

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Some portion of the Fund will also be utilized for investment in loss-making PSUs.

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Solution

The correct option is D Some portion of the Fund will also be utilized for investment in loss-making PSUs.
(d)

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Similar questions

With reference to the National Investment Fund, to which disinvestment proceeds are routed, consider the following statements:

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

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

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

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

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