1.

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 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?

A. 1 and 2
B. 2 only
C. 3 and 4
D. 3 only
Answer» D. 3 only


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