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  9. Q49

JKPSC KAS 2023 · Question 49 of 100

An Infrastructure Investment Trust (InvIT) is a collective investment scheme, similar to a mutual fund, which enables direct investment of money from individual and institutional investors in infrastructure projects to earn a small portion of the income as a return. Which transport sector is planning to set up Infrastructure Investment Trust?

Indian Economy

  1. ARailways
  2. BRoadwaysCorrect
  3. CShipping
  4. DAirways

Answer: B. Roadways

Explanation

NHAI (roadways) set up India's first public-sector InvIT to monetise national highway assets; Railways' monetisation has used other routes.

Source: JKPSC KAS Prelims 2023 (Set A) via TheExamPillar

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