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Read the following statements carefully: 1.The National Investment and Infrastructure Fund (NIIF) of India had acquired IDFC Infrastructure Finance Limited (IDFC-IFL). 2.IDFC-IFL is a non-banking finance company registered with the Reserve Bank of India as an infrastructure debt fund. 3.The government had set up the NIIF in 2014 as an investment vehicle for funding greenfield, brownfield and stalled infrastructure projects. Which of the above statements is/are correct?

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Read the following statements carefully:

1.The National Investment and Infrastructure Fund (NIIF) of India had acquired IDFC Infrastructure Finance Limited (IDFC-IFL).

2.IDFC-IFL is a non-banking finance company registered with the Reserve Bank of India as an infrastructure debt fund.

3.The government had set up the NIIF in 2014 as an investment vehicle for funding greenfield, brownfield and stalled infrastructure projects.

Which of the above statements is/are correct?


1). Only 1
2). Only 1 and 2
3). Only 1 and 3
4). Only 2 and 3


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Answered by on | Votes 0 |
  • The National Investment and Infrastructure Fund (NIIF) of India had acquired IDFC Infrastructure Finance Limited (IDFC-IFL).
  • IDFC-IFL is a non-banking finance company registered with the Reserve Bank of India as an infrastructure debt fund.
  • The government had set up the NIIF in 2015 as an investment vehicle for funding greenfield, brownfield and stalled infrastructure projects.

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