Economics · Economy
With reference to the National Investment and Infrastructure Fund (NIIF), consider the following statements: I. It was set up primarily to channel proceeds from disinvestment of Central Public Sector Enterprises into social-sector schemes. II. Its Governing Council is chaired by the Union Finance Minister. III. It was established as a Category II Alternative Investment Fund under SEBI regulations. Which of the statements given above are correct?
- 1I, II and III
- 2I and III only
- 3II and III only✓
- 4I only
Correct answer
II and III only
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