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    Question

    In the context of the Takeout Finance Scheme, which of the following is not an eligibility condition for an infrastructure project?

    A The project must be from a sector defined in clause 5.2 (c) of SIFTI. Correct Answer Incorrect Answer
    B The project must have achieved financial closure. Correct Answer Incorrect Answer
    C The project must have a residual debt tenor of at least 6 years. Correct Answer Incorrect Answer
    D The project must have a minimum debt service coverage ratio of 2 Correct Answer Incorrect Answer
    E The project must have provisional COD declared. Correct Answer Incorrect Answer

    Solution

    A minimum debt service coverage ratio is not an eligibility condition for infrastructure projects under the Takeout Finance Scheme. The other listed conditions are all part of the eligibility criteria.

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