Economics · Financial Institutions and Sovereign Funds
With reference to Sovereign Wealth Funds (SWFs), consider the following statements: I. They are state-owned investment funds. II. Their essential purpose is to promote exports by financing overseas trade in goods and services. III. In some cases, they are used to cushion the economy against volatility in government revenues, especially where such revenues are linked to commodities. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I, II and III
- 2I and III only✓
- 3III only
- 4I and II only
Correct answer
I and III only
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