ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Which of the following is not an objective of IIFCLтАЩs

    Takeout Finance Scheme?
    A Facilitate participation of medium/small-sized banks, insurance companies, and pension funds in infrastructure projects. Correct Answer Incorrect Answer
    B Address sectoral/group/entity exposure issues and asset-liability mismatch concerns of lenders. Correct Answer Incorrect Answer
    C Provide tax exemptions for medium/small-sized banks, insurance companies, and pension funds involved in infrastructure projects. Correct Answer Incorrect Answer
    D Expand sources of finance for infrastructure projects by facilitating participation of new entities. Correct Answer Incorrect Answer
    E Boost the availability of longer tenor debt finance for infrastructure projects. Correct Answer Incorrect Answer

    Solution

    The objectives of the Takeout Finance Scheme, include boosting the availability of longer tenor debt finance for infrastructure projects, addressing sectoral/group/entity exposure issues and asset-liability mismatch concerns of lenders, and expanding sources of finance for infrastructure projects by facilitating participation of new entities such as medium/small-sized banks, insurance companies, and pension funds. Tax exemptions are not mentioned as an objective of the scheme.

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question