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With reference to the National Investment Fund which of the disinvestment proceeds are routed, consider the following statements.
  1. The assets in the National Investment Fund are managed by the Union Ministry of Finance.
  2. The National Investment Fund is to be maintained within the consolidation fund of India.
  3. Certain Asset Management companies are appointed as the fund manager.
  4. A certain proportion of annual income is used for financing select social sectors.
Which of the statement(s) given above is/are correct?
Options:
A .  1 and 2
B .  3 and 4
C .  Only 3
D .  Only 2
Answer: Option B
Answer: (b)

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