WBCS.LIVE practice question

In which union budget was India’s first sovereign wealth fund named ‘National Investment and Infrastructure Fund (NIIF)’ announced?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 2015-16
  2. 2021-22
  3. 2017-18
  4. 2019-20

Correct answer and explanation

Correct answer: 2015-16