BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Credit facility in Infrastructure finance companies is related to which of the following?
A
Equity
B
Shares
C
Infrastructures
D
Loan
Explanation: 

Detailed explanation-1: -INFRASTRUCTURE FINANCE Irrigation projects, water treatment plants, sanitation/sewerage systems.

Detailed explanation-2: -Credit facilities are a type of pre-approved loan which allows the borrower to borrow money on an ongoing basis over an extended period of time, rather than applying for a new loan each time the borrower needs more money.

Detailed explanation-3: -Ans “Infrastructure loan” means a credit facility extended by NBFCs to a borrower for exposure in the following infrastructure sub-sectors: Sl.No. Category. Infrastructure sub-sectors.

Detailed explanation-4: -For example, toll roads and metro rail projects are considered to be commercial infrastructure projects. They are funded by charging the people who utilize the services.

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