CURRENT AFFAIRS

Detailed explanation-1: -IFC-International Finance Corporation.

Detailed explanation-2: -IFC helps developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.

Detailed explanation-3: -IFC has a leading role in financing infrastructure projects in India and advising client governments on public-private partnerships. We finance infrastructure projects with equity and debt financing from own account and mobilize additional funding for projects.