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Economy question from JKAS Prelims, 2023 by JKPSC

An Infrastructure Investment Trust (InvIT) is a collective investment scheme, similar to a mutual fund, which enables direct investment of money from individual and institutional investors in infrastructure projects to earn a small portion of the income as a return.

Which transport sector is planning to set up Infrastructure Investment Trust?

Last updated May 15, 2026
Correct Answer: Option B — Roadways
This question focuses on the monetization of public assets to fund new infrastructure projects. While multiple sectors are exploring this model, the Roadways sector (specifically through the National Highways Authority of India or NHAI) has been the most prominent and proactive in setting up an Infrastructure Investment Trust.

Analysis of the Answer
NHAI InvIT (National Highways Infra Trust): The Union Cabinet authorized NHAI to set up an InvIT in December 2019 to monetize completed national highways. The trust allows NHAI to unlock capital from toll-generating roads and reinvest that money into the construction of new highways under the Bharatmala Pariyojana.
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Structure: Like a mutual fund, it pools money from institutional (e.g., pension funds like CPPIB and OTPP) and retail investors. These investors receive returns from the toll collections of the highways held by the trust.
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Other Sectors: While sectors like Airways and Railways have discussed asset monetization (e.g., through the National Monetization Pipeline), the Roadways sector is the first and most advanced in implementing the Public InvIT model for state-owned transport infrastructure.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.

About this question

JKPSC JKAS 2023 Prelims

Details

Exam JKPSC
Recruitment JKAS
Stage Prelims
Year 2023
Subject Economy
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