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    Question

    What is the total backstop facility provided by the Corporate Debt Market Development Fund (CDMDF)?

    A Rs 15,000 crore Correct Answer Incorrect Answer
    B Rs 25,000 crore Correct Answer Incorrect Answer
    C Rs 30,000 crore Correct Answer Incorrect Answer
    D Rs 33,000 crore Correct Answer Incorrect Answer
    E Rs 45,000 crore Correct Answer Incorrect Answer

    Solution

    As per the provided information, the CDMDF offers a backstop facility of Rs 33,000 crore, established specifically for Mutual Funds. This fund comprises a contribution of Rs 30,000 crore from the government and Rs 3,000 crore from Asset Management Companies.

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