2023
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Since which year has the SWAMIH Fund completed 20,557 homes since its inception?
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2015
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2019
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2017
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2020
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Explanation:
Detailed explanation-1: -In three years since inception in 2019, the Fund has already completed 20, 557 homes and aims to complete over 81, 000 homes in the next three years across 30 tier 1 and 2 cities.
Detailed explanation-2: -SWAMIH (Special Window for Affordable and Mid-Income Housing) Investment Fund has completed 20, 557 homes since inception in 2019. It is India’s largest social impact fund specifically formed for completing stressed and stalled residential projects.
Detailed explanation-3: -SBICAP Ventures Limited is the Investment Manager of the SWAMIH fund. b. In 2015, the central government launched the ‘Special Window for Funding Stalled Affordable and Middle-Income Housing Projects’ or ‘SWAMIH’ Scheme.
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