Question
Did the National Investment and Infrastructure Fund
(NIIF) collaborate with the Japan Bank for International Cooperation (JBIC) to establish a $600 million India-Japan Fund (IJF)? i. Yes, the National Investment and Infrastructure Fund (NIIF) collaborated with the Japan Bank for International Cooperation (JBIC) to establish a $600 million India-Japan Fund (IJF). ii. The primary anchor investors in the India-Japan Fund (IJF) are JBIC and the Government of India (GoI). iii. The India-Japan Fund (IJF) primarily focuses on investments in the real estate sector. Choose the correct options from above.Solution
Explanation: "The National Investment and Infrastructure Fund (NIIF) has entered into a collaboration with the Japan Bank for International Cooperation (JBIC) to launch a $600 million India-Japan Fund (IJF) with JBIC and Government of India (GoI) as anchor investors. The India-Japan Fund (IJF) aims to support investments in various infrastructure and other key sectors in India, fostering economic development and cooperation between the two nations."
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