Current Affairs · Urban Development Schemes
In connection with the Urban Infrastructure Development Fund (UIDF), which of the following statement/statements is/are valid? I. The fund will be established through reserved bonds taken from the G-Sec market. II. The fund is to be exclusively availed by private agencies to create urban infrastructure in Tier 2 and Tier 3 cities. III. Eligible activities for UIDF shall be connected to the Missions and Programmes of the Ministry of Housing & Urban Affairs (MoHUA). IV. The fund will be collectively managed by a cluster of Municipal Cooperative Banks. Select the correct answer using the codes given below:
- 1II and III
- 2II, III and IV
- 3I, II and IV
- 4Only III✓
Correct answer
Only III
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