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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. The mean surface temperature of the sun is estimated to be of the prder of
Options- A. 5500?C
- B. 4000?C
- C. 2000?C
- D. 1000?C Discuss
- 2. The Pyrenees mountains are located on the border between ____ and ____
Options- A. Romania, Bulgaria
- B. Norway, Sweden
- C. Hungary, Romania
- D. France, Spain Discuss
- 3. What is the relationship between resistivity r and conductivity s?
Options- A. R = s2
- B. R = s
- C. R > s
- D. R = 1/s Discuss
- 4. Which of the following is used as a lubricant?
Options- A. Graphite
- B. Silica
- C. Iron Oxide
- D. Diamond Discuss
- 5. Fenway Park is the home field of what Major League Baseball team?
Options- A. New York Yankees
- B. Chicago White Sox
- C. Montreal Expos
- D. Boston Red Sox Discuss
- 6. The religion of Afghanistan is
Options- A. Islam
- B. Buddhism
- C. Hinduism
- D. Christianity Discuss
- 7. Who was the first Indian woman to win a medal in the Olympics?
Options- A. P.T.Usha
- B. Karnam Malleshwari
- C. Kunjarani Devi
- D. Bachendri Pal Discuss
- 8. Who is known as 'Desert Fox'?
Options- A. Bismarck
- B. Eisenhower
- C. Gen. Rommel
- D. Walter Scott Discuss
- 9. The letters, "DOS" stand for...
Options- A. Data Out System
- B. Disk Out System
- C. Disk Operating System
- D. Data Operating System Discuss
- 10. Which of the following countries is not a member of SAARC?
Options- A. Nepal
- B. Bangladesh
- C. Afghanistan
- D. Myanmar Discuss
More questions
Correct Answer: 5500?C
Correct Answer: France, Spain
Correct Answer: R = 1/s
Correct Answer: Graphite
Correct Answer: Boston Red Sox
Correct Answer: Islam
Correct Answer: Karnam Malleshwari
Correct Answer: Gen. Rommel
Correct Answer: Disk Operating System
Correct Answer: Myanmar
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