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 4,00,000crore at present. Select the correct answer using the codes given below:

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CollectorBabu · Accepted Answer

Correct Answer: Neither 1 nor 2. ● National Investment and Infrastructure Fund (NIIF) has been set up as a fund of funds and is registered with Securities and Exchange Board of India ("SEBI") as a Category II Alternate Investment Fund ("AIF") under the SEBI (Alternative Investments Funds) Regulations, 2012 ("AIF Regulations"). ● The aim of the Fund is to pool commitments from sophisticated long term investors such as Multilateral Institutions, Sovereign Wealth Funds, Pension Funds, Insurance Funds, Endowments and other long term funds based outside India. ● Total corpus of the fund is Rs. 40,000 Crore.

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 4,00,000crore at present. Select the correct answer using the codes given below:

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