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Q:

In India, which of the following statements about the National Investment Fund is true?
 Statements:
 I. It was created in 2005.
 II. 75% of its annual income was to be used for schemes promoting health, education and employment.
 III. It was dissolved in 2018.

  • 1
    Only statement I
  • 2
    Only statement II
  • 3
    Only statements I and III
  • 4
    Only statements I and II
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Answer : 4. "Only statements I and II"
Explanation :

All the statements about the National Investment Fund in India are true.

I. It was created in 2005.

II. 75% of its annual income was to be used for schemes promoting health, education and employment.

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