Consider the following statements about Green Growth Equity Fund GGEF 1 It is an alternative investm...........

Environment and Ecology Sustainable Development

Consider the following statements about Green Growth Equity Fund (GGEF):

1.It is an alternative investment fund, launched with the partnership of Government of India and the United Kingdom government.

2.It was launched to invest in and develop green infrastructure in India.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Both 1 and 2

It is an alternative investment fund, launched with the partnership of the Government of India and the United Kingdom government: This statement is correct. The Green Growth Equity Fund (GGEF) is an alternative investment fund that was launched with a partnership between the Government of India and the UK government. It is intended to support green infrastructure projects in India.

It was launched to invest in and develop green infrastructure in India: This statement is also correct. The primary objective of the Green Growth Equity Fund is to invest in and develop green infrastructure projects in India, contributing to sustainable and environmentally friendly development.

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