2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank will provide $60 million to provide housing finance to women in low-income communities?
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World Bank
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ADB
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AIIB
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NIIB
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Explanation:
Detailed explanation-1: -The Asian Development Bank (ADB) has signed an agreement to lend up to $60 million in Indian rupee equivalent to Aavas Financiers, a housing finance company in India, to improve access to housing finance for lower-income borrowers in the country, particularly women.
Detailed explanation-2: -1. HDFC. Founded in 1977, The Housing Development Finance Corporation Limited (HDFC) is one of the largest providers of housing finance in India. The company was founded with the aim of solving the housing shortage in the country.
Detailed explanation-3: -Housing Finance Company(HFC) - Home Loan, Loan Against Property.
There is 1 question to complete.