2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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8767 crore
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8000 crore
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6500 crore
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7500 crore
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Detailed explanation-1: -Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman informed that so far Rs 8767 crore has been approved for 81 projects under Special Window for Affordable and Mid Income Housing (SWAMIH) Investment Fund I.
Detailed explanation-2: -SWAMIH investment fund, a ‘Special Window for Completion of Affordable and Mid-Income Housing’ has been created by the Government of India in order to give relief to homebuyers of stalled projects.
Detailed explanation-3: -Who is the fund manager for SWAMIH Fund? Notes: SWAMIH Fund is an Alternative Investment Fund, which has been formed by the Government of India, to provide Debt financing to complete the stalled housing projects in India. SBICap Ventures Ltd has been appointed as the fund manager.