Question

    NaBFID was set up as a DFI that is Regulated and Supervised as AIFI by the Reserve Bank under Sections 45L and 45N of the Reserve Bank of India Act, 1934.What is the primary role of NaBFID in the economy?

    A Overseeing National Banking Regulations Correct Answer Incorrect Answer
    B Promoting International Trade Agreements Correct Answer Incorrect Answer
    C Facilitating Infrastructure Funding and Development Correct Answer Incorrect Answer
    D Managing Foreign Exchange Reserves Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Set up as a DFI Development Finance Institution to support the development of long term infrastructure financing in India

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