Question
Which of the following statements is/are not correct
with reference to National Investment and Infrastructure Fund (NIIF)? I. It is an entity set up by the government to provide long-term financing for infrastructure projects in the country. II. The Foreign investors have a 100% stake in the fund. III. It was set up in December 2015 as a Category-II Alternate Investment Fund. Choose the correct answer using the codes given below:Solution
Statement I is correct -: NIIF is a government-backed entity established to provide long-term capital to the country’s infrastructure sector. Statement II is not correct -: The Indian government has a 49% stake in NIIF with the rest held by foreign and domestic investors. Statement III is correct -: It was set up in December 2015 as a Category-II Alternate Investment Fund.
Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days ___________________
Authority under the IRDA Act means_______________
What are the classes of Criminal Courts besides the High Courts and the Courts constituted under any law, other than the Bhartiya Nagarik Suraksha Sanhi...
When is theft a robbery?
As per the provisions of SEBI (SAST), 2011 during acquisition of a company “CONTROL” includes rights to
...
"Warrant case" means a case relating to an offence punishable with imprisonment for a term:
How many sustainable development Goals were set by UNDP in the year 2016 ?
A company limited by shares is a type of company where the liability of its members is ________________
Who may establish additional trading floor?
What is the purpose of IS0 9000:2000?
Relevant for Exams:
