Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 6100)

2019-12-14 National

6100.

Recently established trust "InvIT Trust" belongs to which of the following Indian authorities?

SIDBI

ISDA

NHAI

TRAI

Answer: Option

Explanation:

Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT) as per InvIT Guidelines issued by the Securities and Exchange Board of India (SEBI).