Indian Politics Questions

17 and 119

The cabinet Committee on Economic Affairs (CCEA) on 27th January, 2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to receive disinvestment proceeds of central public sector enterprises and to invest the same to generate earnings without depleting the corpus.

National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country.

This is different from the National Investment Fund.Its creation was announced in the Union Budget 2015-16. The operational framework was approved on 20 August 2015.NIIF got registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015

In a parliamentary system, the members of the cabinet are drawn from the legislative branch.

A republic is a form of government where a state or country is ruled by peoples representatives. These representatives were elected by the people and must follow the rule of law under the constitution in his ruling.