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SSC CGL 2022 PYQ — Question 49

SSC CGL - 11 April 2022 - Shift 2 • General Awareness • Q49

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NIP related to India’s budget, which was announced in December 2019 by the Union Finance Minister of India stands for:

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Correct answer: D

Explanation

The correct answer is option 4 i.e. National Infrastructure Pipeline.

  • The NIP relating to the Budget of India, which was announced by the Union Finance Minister of India in December 2019, stands for National Infrastructure Pipeline.
  • The NIP has been launched in August 2020 for a period of five years from 2021-2025.
  • The NIP covers both economic and social infrastructure projects.
  • The objective of the NIP is to act as an enabler to provide and invest necessary funds for infrastructure development in India by 2030.