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Banking and Financial Awareness
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Which one of the following has decided to give guarantee for infra loans?
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A
IIFCL
💡 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.