Multiple choice

Which one of the following has decided to give guarantee for infra loans?

  1. IDBI

  2. SBI

  3. IIFCL

  4. SIDBI

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India Infrastructure Finance Company Limited (IIFCL) provides guarantees for infrastructure loans to encourage infrastructure development in the country. It was established to provide long-term financial assistance to infrastructure projects. IDBI, SBI, and SIDBI are primarily banking and financial institutions but not specifically focused on infrastructure loan guarantees.

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