Multiple choice

A National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund?

  1. Boost investment in social sector projects to promote education, healthcare and employment.
  2. Capital investments in selected profitable PSEs to yield adequate returns.
  3. To fund revision in pay structure of Central Government employees.

  1. Only 1

  2. Only 2

  3. Only 3

  4. Both 1 and 2

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The National Development Fund was established to support social sector projects like education and healthcare, rather than funding government pay revisions.