Which of the following statements is/are correct with reference to the Development Financial Institution?

Which of the following statements is/are correct with reference to the Development Financial Institution?

A. A Bill will be introduced to set up DFI which will act as a provider, enabler and catalyst for infrastructure financing.

B. A sum of Rs. 20,000 crore has been provisioned in the Union Budget to capitalise Development Financial Institution (DFI).

C. Both A & B

D. None of these

Explanation:

A sum of Rs. 20,000 crore has been provisioned in the Union Budget to capitalise Development Financial Institution (DFI). A Bill will be introduced to set up DFI which will act as a provider, enabler and catalyst for infrastructure financing. To enable Debt Financing of InVITs and REITs by Foreign Portfolio Investors suitable amendments will be done in the relevant legislations.

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account