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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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