Consider the following sentences with reference to the lsquo Green Growth Equity Fund rsquo 1 It is ...........

Environment and Ecology Sustainable Development

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Consider the following sentences with reference to the ‘Green Growth Equity Fund’.

1.It is a joint initiative by USA-India.

2.Its aims to leverage private sector investment to invest in green infrastructure projects in India.

3.The fund was established under the National Investment and Infrastructure Fund (NIIF) framework.

How many of the statements given above are correct?

Only One

Only Two

All Three

None

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Explanation:

It is a joint initiative by USA-India: This statement is not correct. The Green Growth Equity Fund is a joint initiative between India and the United Kingdom, not the USA.

Its aims to leverage private sector investment to invest in green infrastructure projects in India: This statement is correct. The Green Growth Equity Fund is designed to mobilize private investment for green infrastructure projects in India.

The fund was established under the National Investment and Infrastructure Fund (NIIF) framework: This statement is correct. The Green Growth Equity Fund was established under the framework of the National Investment and Infrastructure Fund (NIIF) in India.