Q. Consider the following statements:
1.Infrastructure Investment Trust (InvITs) is a company that owns, operates, or finances income-generating real estate.
2.Real estate investment trusts (REIT) are publicly traded like stocks, which makes them highly liquid.
Select the correct answer form the code given below:
Answer: B
Notes:
Explanation –
Statement 1 is incorrect. InvITs are companies that use the pooled money to own and run functional infrastructure assets like highways, roads, pipelines, warehouses and power plants.
Statement 2 is correct. REITs are publicly traded like stocks, which makes them highly liquid.
Source: ForumIAS
