Consider the following statements regarding “National Clean Energy Fund (NCEF)”: 1. It was constituted in the public account of India in the Finance Bill 2010-11. 2. Its objective is to invest in entrepreneurial ventures and research & innovative projects in the field of clean energy technology. Which of the statements given above is/are correct? |ForumIAS

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[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation: National Clean Energy Fund’ (NCEF) was constituted in the public account of India in the Finance Bill 2010-11.

Objective – to invest in entrepreneurial ventures and research & innovative projects in the field of clean energy technology.

Source: Shankar IAS