Q25. Consider the following statements:
1. A sovereign wealth fund (SWF) consists of pools of money derived from a country’s reserves
2. National Infrastructure and Investment Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.
Which of the above statements are correct?

a) 1 only

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b) 2 only

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c) Both 1 and 2

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d) Neither 1 nor 2

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Solution

The correct option is C c) Both 1 and 2
Sovereign Wealth Fund
A sovereign wealth fund (SWF) consists of pools of money derived from a country’s reserves, set aside for investment purposes to benefit the country’s economy and citizens.
National Infrastructure and Investment Fund (NIIF)
1. It is a fund created by the Government of India for enhancing infrastructure financing in the country.
2. Investments can be in both Greenfield and Brownfield, including stalled projects
3. It is registered as a category II alternative investment fund with SEBI

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Similar questions

Q17. 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?

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?

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