Which of the following is not a key characteristic of project financing?
Full recourse is not a key characteristic of project financing. In fact, project financing is typically structured as a limited or non-recourse loan, which means that the lender's recourse to the project sponsors is limited to the assets and cash flows of the project itself. Limited or non-recourse financing is a key feature of project financing because it helps to reduce the risk for the lender. In limited or non-recourse financing, the lender does not have access to the project sponsors' other assets in case of default, but instead can only recover its investment from the project assets and cash flows.
Three different positions of the same dice are shown. Find the number on the face opposite the face showing ‘1’.
Select the option in which the given figure is embedded (rotation is NOT allowed).
Three of the following four letter-clusters are alike in a certain way and one is different. Pick the odd one out.
AFKP
GKPS
SXCH
JOTY
Select the option in which the words share the same relationship as that shared by the given pair of words.
Kingfisher : Bird
In the question, below are three statements followed by two conclusions numbered I and II. You have to consider the statements to be true even if it se...
Select the set in which the numbers are related in the same way as are the numbers of the given set.
(NOTE: Operations should be performed on the...
Select the next number in the series.
16, 33, 68, 139, 282,?
Six friends, C, E, G, I, K and M, are sitting around a circular table facing towards the centre and at equal distance from each other (not necessarily i...