Question

    What is the primary objective of the $100 million credit

    facility agreement between SIDBI and AFD?
    A To increase microfinance loans for rural entrepreneurship Correct Answer Incorrect Answer
    B To drive India’s transition toward a low-carbon economy Correct Answer Incorrect Answer
    C To establish a digital lending platform for MSMEs Correct Answer Incorrect Answer
    D To provide direct government subsidies to small businesses Correct Answer Incorrect Answer
    E To reduce foreign investment dependence in India Correct Answer Incorrect Answer

    Solution

    The $100 million credit facility between SIDBI and AFD aims to support India's transition toward a low-carbon economy through sustainable financing.

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