2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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100 million
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200 million
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300 million
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400 million
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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: -Average Annual Salary (Estimated) Senior Associate salary in National Investment and Infrastructure Fund ranges between ₹ 44.0 Lakhs to ₹ 98.0 Lakhs per year. This is an estimate based on salaries received from employees of National Investment and Infrastructure Fund.
Detailed explanation-3: -Investors in the Fund Domestic Institutional Investors (DIIs) such as HDFC group, ICICI Bank, Kotak Life and Axis bank are also contributors in NIIF’s Master Fund. In June 2018, Asian Infrastructure Investment Bank announced investment of $200 million in NIIF’s Fund of Funds.
Detailed explanation-4: -The National Infrastructure and Investment Fund (NIIF) is India’s first-ever sovereign wealth fund (SWF). The state-owned fund was set up by the Indian Government in the year 2015.