UPSC Prelims Practice Questions — SWAMIH Fund has protected homebuyers’ interests, revived the housing sector, generated employment, and strengthened overall economy

Q1. Which one of the following entities is the designated investment manager of the SWAMIH Investment Fund I?

  • A. SBICAP Ventures Ltd.
  • B. National Investment and Infrastructure Fund Ltd.
  • C. SIDBI Venture Capital Ltd.
  • D. National Asset Reconstruction Company Ltd.

Q2. The SWAMIH Investment Fund, set up in November 2019, was created primarily to provide which one of the following to stalled housing projects?

  • A. Last-mile (priority) debt financing
  • B. Equity bridge financing
  • C. Interest subvention on home loans
  • D. A sovereign guarantee to lenders

Q3. SWAMIH Fund-2, announced in the Union Budget 2025-26, is primarily structured as which one of the following types of financing vehicles?

  • A. A blended finance facility
  • B. A Category-III AIF hedge fund
  • C. A sovereign wealth fund
  • D. A real estate investment trust (REIT)

Q4. The Government's January 2026 communication primarily highlighted which one of the following about SWAMIH Investment Fund I?

  • A. It had fully committed its entire investible corpus before the end of its investment period on 5 December 2025.
  • B. It had fully disbursed its corpus and wound up all operations by 5 December 2025.
  • C. It had raised a fresh corpus of Rs 15,000 crore from private investors.
  • D. It had been merged with the National Asset Reconstruction Company.

Q5. As per official communications, the portfolio of over 145 projects under the SWAMIH Investment Fund I extends across how many cities?

  • A. 20
  • B. 30
  • C. 40
  • D. 12

Q6. Under which one of the following statutes must a housing project be registered in order to be eligible for financing under the SWAMIH Investment Fund?

  • A. Real Estate (Regulation and Development) Act, 2016
  • B. Insolvency and Bankruptcy Code, 2016
  • C. SARFAESI Act, 2002
  • D. Transfer of Property Act, 1882