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Question : Which of the following funds was created in 2005 to channelise funds received from disinvestment proceeds of PSUs?

Option 1: National Public Fund

Option 2: National Investment Fund

Option 3:  Disinvestment Fund

Option 4:  New Investment Fund


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: National Investment Fund


Solution : The correct option is the National Investment Fund .

The National Investment Fund (NIF) was established in 2005 to manage funds received from the disinvestment of Public Sector Undertakings (PSUs). It channels these proceeds to finance social sector projects, including education, health and rural development, contributing to the overall economic and social development.

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