Sawaal
1
Q:

Which one of the following statements is not correct?

A) Creation of National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget, 2015-16. B) NIIF is a fund for enhancing infrastructure facility in the country.
C) NIIF and NIF (National Investment Fund) are the names of the same organization. D) NIIF can have more than one alternative investment fund.

Answer:   C) NIIF and NIF (National Investment Fund) are the names of the same organization.



Explanation:

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

 

Subject: Indian Politics
Exam Prep: Bank Exams
Related Questions
Q:

'Ganga Action Plan' initiated by the Union Government aims at

A) Streamlining the flow of Ganga river B) Reduction of pollution on Ganga river
C) Efficient use of Ganga water for irrigation D) Using Ganga river for generating hydel energy
 
Answer & Explanation Answer: B) Reduction of pollution on Ganga river

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

1 384
Q:

On January 16, 2018 the Supreme Court ruled the attacks and interference on adults opting for inter-caste marriage as ‘absolutely illegal’ in the petition filed by which NGO in 2010?

 

A) PRATHAM B) Shakti Vahini
C) Goonj D) Sammaan
 
Answer & Explanation Answer: B) Shakti Vahini

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

2 298
Q:

The Cabinet Committee on Economic Affairs (CCEA) has approved expansion of "Beti Bachao Beti Padhao" yojana for a pan India coverage from 2017-2018 to _____.

 

A) 2018-2019 B)  2019-2020
C) 2020-2021 D) 2021-2022
 
Answer & Explanation Answer: B)  2019-2020

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 346
Q:

In October 2017, which two ministries jointly launched ‘SAATHI’ (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries) initiative?

 

A) Commerce and Textile Ministries B) Power and Textile ministries
C) Finance and Textile ministries D) No option is correct.
 
Answer & Explanation Answer: B) Power and Textile ministries

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 325
Q:

Election of the President of India and its manner can be amended by ______.

 

A) Simple Majority of Parliament B) Special Majority of Parliament
C) Special Majority of Parliament and consent of States D) No option is correct.
 
Answer & Explanation Answer: C) Special Majority of Parliament and consent of States

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 7931
Q:

Which Schedule of Indian Constitution has provisions relating to disqualification of Member of Parliament on the ground of defection?

 

A) Seventh Schedule B) Eighth Schedule
C) Ninth Schedule D) Tenth Schedule
 
Answer & Explanation Answer: D) Tenth Schedule

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 281
Q:

Swachh Bharat Mission is to

A) Levy Swachh Bharat cess and earn revenue B) Make celebrities clean the roads
C) Achieve clean and healthy India D) Dispose off waste material
 
Answer & Explanation Answer: C) Achieve clean and healthy India

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 288
Q:

What was India’s rank in the Educational Attainment pillar as per the Global Gender Gap report 2017?

 

A)  139 B)  112
C)  141 D)  15
 
Answer & Explanation Answer: B)  112

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 342