National Investment and Infrastructure Fund (NIIF) has partnered with DP World to create an investment platform for ports, terminals, transportation and logistics businesses in India. Where is the corporate headquarters of NIIF?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Hyderabad
B	New Delhi
C	Mumbai
D	Bengaluru

Explanation:

Detailed explanation-1: -National Investment and Infrastructure Fund Limited (NIIFL) is an investment platform for international and Indian investors anchored by the Government of India. The objective behind creating this organisation was to catalyse capital into the country and support its growth needs across sectors of importance.

Detailed explanation-2: -The National Investment and Infrastructure Fund (NIIF) is currently managing three funds namely: Master Fund, Fund of Funds, and Strategic Fund.

Detailed explanation-3: -Types of NIIF Funds Currently, the NIIF is managing the Master Fund, Fund of Funds, and Strategic Fund. NIIF funds were found to primarily invest in the infra-related projects across the country by building the capital from both domestic and international investors.

Detailed explanation-4: -The entity operates five container terminals managing more than 5 million TEU[2] of capacity and representing a national market share of over 20%. The terminals are in strategic growth locations including Mumbai (2), Mundra, Chennai and Cochin.

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