The National Investment and Infrastructure Fund (NIIF) Ltd has signed a MoU with which country Investment Authority to facilitate investment in Indian infrastructure sector

2016

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

A	Bangladesh
B	Oman
C	US
D	Qatar

Explanation:

Detailed explanation-1: -The Memorandum of Understanding (MOU) was signed in November 2022 to facilitate investment across multiple sectors in India through an India Japan Fund, the Minister stated.

Detailed explanation-2: -The Government of India founded the National Investment and Infrastructure Fund (NIIF) in February 2015 as a sovereign wealth fund. Its creation was announced in the Union Budget of 2015-16 by the then Finance Minister Arun Jaitley. In October 2016, Sujoy Bose was appointed as the Managing Director and CEO of NIIF.

Detailed explanation-3: -Department of Investment and Public Asset Management, Ministry of Finance, Government of India.

Detailed explanation-4: -NIIF refers to the National Investments and Infrastructure Fund, established by the Government of India. This is the first sovereign wealth fund in India. The National Investments and Infrastructure Fund was founded in February 2015.

There is 1 question to complete.