MMTC Limited, a Public Sector Undertaking (PSU), has historically been one of India's leading international trading companies, dealing in a wide range of products including minerals, metals, precious metals, fertilizers, and agro products. Its large volume of international trade business often positioned it as the largest trading PSU. C. NIIF and NIF (National Investment Fund) are the names of the same organization. D. NIIF can have more than one alternative investment fund. Ans: C National Investment and Infrastructure Fund (NIIF) was announced in the Union Budget 2015-16 as a fund to attract investment into the country's infrastructure sector. National Investment Fund (NIF) was created in 2005 with the proceeds from disinvestment of central public sector enterprises. These two funds serve different purposes and are distinct entities.
Which among the following is the largest trading Government Company of India ?
Asked in UPPSC Upper Mains 2008 · UPSC CDS 2 2016 · Topic: Fiscal Policy & Revenue (Disinvestment and Privatization as Fiscal Tools)
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Answer: B. Mineral and Metal Trading Corporation.
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