[amp_mcq option1=”Only 1, 2 & 3″ option2=”Only 2, 3 & 4″ option3=”Only 1, 2 & 4″ option4=”Only 1 & 2″ correct=”option1″]<\/p>\n
The correct answer is: Only 1 & 2.<\/p>\n
The National Investment Fund (NIF) is a sovereign wealth fund established by the Government of India in 2005. The NIF is managed by the Reserve Bank of India and is used to invest in a variety of assets, including shares, bonds, and real estate. The NIF is not used to fund social overheads such as building schools or toilets.<\/p>\n
The NIF was established to provide a long-term source of funding for infrastructure projects in India. The NIF has been used to finance a number of major infrastructure projects, including the Delhi-Mumbai Industrial Corridor and the Chennai-Bangalore Industrial Corridor.<\/p>\n
The NIF has also been used to recapitalize public sector banks and to purchase the shares of CPSEs. The NIF has been a successful investment vehicle for the Government of India and has helped to improve the infrastructure and financial sectors of the Indian economy.<\/p>\n
Option 1 is correct because the NIF can be used to recapitalize public sector banks.<\/p>\n
Option 2 is correct because the NIF can be used to purchase the shares of CPSEs.<\/p>\n
Option 3 is incorrect because the NIF is not used to fund operating expenses of Indian Railways.<\/p>\n
Option 4 is incorrect because the NIF is not used to fund social overheads such as building schools or toilets.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Only 1, 2 & 3″ option2=”Only 2, 3 & 4″ option3=”Only 1, 2 & 4″ option4=”Only 1 & 2″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[693],"tags":[],"class_list":["post-43591","post","type-post","status-publish","format-standard","hentry","category-indian-railway","no-featured-image-padding"],"yoast_head":"\n