13(Infrastruture Investment Trust) Flashcards

1
Q

Who and why is it established

A

By NHAI and will help to finance roads and also ensure dividents for investors

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2
Q

how it works

A

like Mutual funds but here the asset manager is NHAI

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3
Q

Is NHAI a statutory body

A

NHAI Act 1988
Mo Road
Development of national highway

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