New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    What does ‘I’ stands for in

    NaBFID?
    A Investigation Correct Answer Incorrect Answer
    B Infrastructure Correct Answer Incorrect Answer
    C India Correct Answer Incorrect Answer
    D Income Correct Answer Incorrect Answer
    E Institution Correct Answer Incorrect Answer

    Solution

    NaBFID Act may be called the National Bank for Financing Infrastructure and Development Act, 2021. An Act to establish the National Bank for Financing Infrastructure and Development to support the development of long term non-recourse infrastructure financing in India including development of the bonds and derivatives markets necessary for infrastructure financing and to carry on the business of financing infrastructure and for matters connected therewith or incidental thereto

    Practice Next