The National Investment and Infrastructure Fund (NIIF) has acquired.....an infrastructure debt fund. This acquisition is the first investment from NIIFs strategic fund.

BANKING GENERAL KNOWLEDGE

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

The National Investment and Infrastructure Fund (NIIF) has acquired____an infrastructure debt fund. This acquisition is the first investment from NIIF’s strategic fund.

A	IL & FS
B	IDBI-IFL
C	IDFC-IFL
D	Bhushan Steel

Explanation:

Detailed explanation-1: -The National Investment and Infrastructure Fund (NIIF) is currently managing three funds namely: Master Fund, Fund of Funds, and Strategic Fund.

Detailed explanation-2: -The Company commenced business on January 16, 2015. The Company changed its name from IDFC Infra Debt Fund Limited to IDFC Infrastructure Finance Limited with effect from January 10, 2017.

There is 1 question to complete.