With reference to ‘National Investment and Infrastructure Fund’, which of the following statements is/are correct?

  1. It is an organ of NITI Aayog.
  2. It has a corpus of Rs. 4, 00,000 crore at present.

Select the correct answer using the code given below:

[UPSC Civil Services Exam – 2017 Prelims]

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Answer: (d)        

Explanation:

  • The National Investment and Infrastructure Fund (NIIF) serves as a collaborative investment platform that brings together both international and Indian investors seeking opportunities in infrastructure and other high-growth sectors within India.
  • Established in February 2015, NIIF operates as a Category II Alternate Investment Fund (AIF) under the regulations of the Securities and Exchange Board of India (SEBI). It holds the distinction of being India’s inaugural infrastructure-focused investment fund.
  • The total corpus of the fund amounts to Rs. 40,000 Crore.

Consider the following statements:                                                                   The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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Consider the following statements:                                                         The Parliament of India can place a particular law in the Ninth Schedule of the Constitution of India. The validity of a law placed in the Ninth Schedule cannot be examined by any court and no judgement can be made on it. Which of the statements given above is/are correct?

Consider the following statements:                                               

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