Question

Consider the following statements regarding the bilateral fund launched by National Investment and Infrastructure Fund Limited (NII

Q: Answer-Consider the following statements regarding the bilateral fund launched by National Investment and I...

The National Investment and Infrastructure Fund Limited NIIF, a state-owned entity, unveiled a 600 million Rs 4,900 crore India-Japan Fund. This venture is in collaboration with the Japan Bank for International Cooperation JBIC. The target corpus of 600 million will see a 51 per cent contribution from JBIC and a 49 per cent input from the Indian government. The fund aims to channel investments into Indias environmental conservation sectors, encompassing renewable energy, e-mobility, and circular economy areas like waste management and water management. Moreover, it seeks to bolster collaboration between Indian and Japanese enterprises across various sectors.

C . II. The target corpus of $600 million will see a 55 per cent contribution from JBIC and a 45 per cent input from the Indian government. III.The fund aims to channel investments into India's environmental conservation sectors, encompassing renewable energy, e-mobility, and circular economy areas like waste management and water management. Which of the following statements is/are correct ?
F - I.The National Investment and Infrastructure Fund Limited (NII
F , a state-owned entity, unveiled a $600 million (Rs 4,900 crore) India-Japan Fund. This venture is in collaboration with the Japan Bank for International Cooperation (JBI