BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IDF provides funds to which of the following sectors?
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Infrastructure sector
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Health sector
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Insurance sector
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None of the above
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Explanation:
Detailed explanation-1: -What is an Infrastructure Debt Fund (IDF)? Ans : IDFs are investment vehicles which can be sponsored by commercial banks and NBFCs in India in which domestic/offshore institutional investors, specially insurance and pension funds can invest through units and bonds issued by the IDFs.
Detailed explanation-2: -IDF-Institutional Development Fund.
Detailed explanation-3: -Debt financing is the most important source of finance for infrastructure projects. In most infrastructure projects, the majority of the project is funded using debt-based financial instruments. Equity holders invest a significantly smaller amount. However, they bear all the risks.
There is 1 question to complete.