Question

    Did the National Investment and Infrastructure Fund (NIIF) collaborate with the Japan Bank for International Cooperation (JBIC) to establish a $600 million India-Japan Fund (IJF)?

    i.         Yes, the National Investment and Infrastructure Fund (NIIF) collaborated with the Japan Bank for International Cooperation (JBIC) to establish a $600 million India-Japan Fund (IJF).

    ii.        The primary anchor investors in the India-Japan Fund (IJF) are JBIC and the Government of India (GoI).

    iii.       The India-Japan Fund (IJF) primarily focuses on investments in the real estate sector.

    Choose the correct options from above.

    A Only i Correct Answer Incorrect Answer
    B Only i, ii, iii Correct Answer Incorrect Answer
    C Only ii, iii Correct Answer Incorrect Answer
    D Only i, ii Correct Answer Incorrect Answer
    E All correct Correct Answer Incorrect Answer

    Solution

    Explanation:   "The National Investment and Infrastructure Fund (NIIF) has entered into a collaboration with the Japan Bank for International Cooperation (JBIC) to launch a $600 million India-Japan Fund (IJF) with JBIC and Government of India (GoI) as anchor investors. The India-Japan Fund (IJF) aims to support investments in various infrastructure and other key sectors in India, fostering economic development and cooperation between the two nations."

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