Q2. Consider the following statements related to National Investment a

1.	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?
Answer» 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?

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?

Answer»

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?