2018
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
How much funding does HEFA alloted for research and infrastructure in colleges?
|
|
Rs.10 lakh crore
|
|
|
Rs.1 lakh crore
|
|
|
Rs.5 lakh crore
|
|
|
Rs.7 lakh crore
|
Explanation:
Detailed explanation-1: -The Central government and UGC work together for the promotion of higher education. Central government sponsors schemes fully financed by it but implemented by the States. The state government also work for the growth, development and promotion of higher education.
Detailed explanation-2: -According to the HEFA funding pattern, the varsity will have to repay the loan in 20 half-yearly instalments in 10 years. The borrowing from HEFA will come with an interest rate of 7 per cent per annum.
Detailed explanation-3: -The primary objective of HEFA is to leverage funds from the market and provide low-interest loans to universities for infrastructure and R&D.
There is 1 question to complete.