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      Question

      Which of the following is correct about National

      Investment and Infrastructure Fund (NIIF)?
      A It will maximize economic impact mainly through infrastructure development in commercially viable projects Correct Answer Incorrect Answer
      B Its creation was announced in the Union Budget 2015-16 Correct Answer Incorrect Answer
      C It will raise funds through suitable instruments including off-shore credit enhanced bonds Correct Answer Incorrect Answer
      D It provides equity / quasi-equity support to those (NBFCs)/Financial Institutions (FIs) that are engaged mainly in infrastructure financing. Correct Answer Incorrect Answer
      E All of the above Correct Answer Incorrect Answer

      Solution

      The correct answer is E

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