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- Question
Which one of the following statements is not correct?
Options- A. Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16.
- B. NIIF is a fund for enhancing infrastructure facility in the country.
- C. NIIF and NIF (National Investment Fund) are the names of the same organization.
- D. NIIF can have more than one alternative investment fund.
- Correct Answer
- NIIF and NIF (National Investment Fund) are the names of the same organization.
ExplanationThe cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.
National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.
This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015
- 1. United Nations adapted a Charter of Economic Rights in the year
Options- A. 1969
- B. 1974
- C. 1956
- D. 1964 Discuss
- 2. The intersecting lines drawn on maps and globes are
Options- A. latitudes
- B. longitudes
- C. geographic grids
- D. None of the above Discuss
- 3. The budget deficit means
Options- A. the excess of total expenditure, including loans, net of lending over revenue receipts
- B. difference between revenue receipts and revenue expenditure
- C. difference between all receipts and all the expenditure
- D. fiscal deficit less interest payments Discuss
- 4. The infrared radiation by sun are strongly absorbed by
Options- A. carbon dioxide
- B. water vapours
- C. carbon dioxide and water vapours
- D. ozone Discuss
- 5. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
Options- A. 1984
- B. 1986
- C. 1987
- D. 1989 Discuss
- 6. Eugenics is the study of
Options- A. altering human beings by changing their genetic components
- B. people of European origin
- C. different races of mankind
- D. genetic of plants Discuss
- 7. The highest mountains in Africa, which is not part of any mountains chain, is
Options- A. Mt. Aconcagua
- B. Mt. Kilimanjaro
- C. Mt. Kosciuszko
- D. Mont Blanc Discuss
- 8. How many former republics of USSR have become members of the Commonwealth of Independent States?
Options- A. 11
- B. 10
- C. 12
- D. 9 Discuss
- 9. The length of the tropical years (the time interval between successive occurrences of the spring equinox) is decreasing very slowly as a result of
Options- A. small, progressive changes in the earth's rotational speed
- B. small, progressive change in earth's orbit around the sun
- C. both (a) and (b)
- D. None of the above Discuss
- 10. The term Khalisa in Mughal administration signified the
Options- A. entire Imperial establishment
- B. land owned b the emperor himself
- C. religious land grants
- D. land from where revenue was collected for the Imperial Treasury Discuss
More questions
Correct Answer: 1974
Correct Answer: geographic grids
Correct Answer: difference between all receipts and all the expenditure
Correct Answer: carbon dioxide
Correct Answer: 1987
Correct Answer: altering human beings by changing their genetic components
Correct Answer: Mt. Kilimanjaro
Correct Answer: 11
Correct Answer: both (a) and (b)
Correct Answer: land owned b the emperor himself
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