National Investment and Infrastructure Fund

55) 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:

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Solution: (d) Neither 1 nor 2

NIIF Ltd is a fund manager that seeks to create long-term value for domestic and international investors seeking investment in India infrastructure.

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