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With reference to the National Investment Fund to which the disinvestment proceeds are routed, consider the following statements ? 1. The assets in the National Investment Fund are managed by the Union Ministry of Finance. 2. The National Investment Fund is to be maintained within the Conso

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With reference to the National
Investment Fund to which the
disinvestment proceeds are routed,
consider the following statements ?
1. The assets in the National
Investment Fund are managed by
the Union Ministry of Finance.
2. The National Investment Fund
is to be maintained within the
Consolidated Fund of India.
3. Certain Asset Management
companies are appointed as the
fund managers.
4. A certain proportion of annual
income is used for financing
select social sectors.

Which of the statements given above
is/are correct ?


1). 1 and 2
2). 2 only
3). 3 and 4
4). 3 only


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