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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?

Answer»

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?




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