Question
Which of the following is the correct full form of REIT?
Solution
A Real Estate Investment Trust (REIT) is a type of investment vehicle that allows individuals to invest in real estate properties without directly owning them. REITs pool funds from multiple investors to invest in a diversified portfolio of income-generating real estate assets, such as commercial properties, residential complexes, and infrastructure projects. They provide a way for investors to access real estate markets and earn a share of the rental income and capital appreciation from the properties within the trust. Â
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What does UPS stand for in reference to benefits for government employees?Â
Which Indian company ranked highest on the Fortune Global 500 list for 2024, marking its 21st year as the top Indian company on the list?
Who was elected as Thailand’s new prime minister at the age of 37?
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Match the following personalities with their positions:
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By which year does the Union Cabinet aim to develop 4 gigawatts (GW) of battery storage through the approved viability gap funding (VGF) scheme?
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