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    Question

    Special Window for Affordable and Mid-Income Housing

    (SWAMIH) Investment Fund I was recently in the news. SWAMIH was launched in which year?
    A 2017 Correct Answer Incorrect Answer
    B 2020 Correct Answer Incorrect Answer
    C 2019 Correct Answer Incorrect Answer
    D 2016 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    SWAMIH was announced on 6th November 2019 by the Finance Minister Nirmala Sitharaman. The Union Cabinet cleared a proposal to set up a ‘Special Window’ in the form of AIF to provide priority debt financing for completion of stalled housing projects. SBICAP Ventures was assigned the role of Investment Manager for this special window.

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