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With reference to the National Bank for Financing Infrastructure and Development Bill, 2021, consider the following statements:
1. The bill seeks to establish the National Bank for Financing Infrastructure and Development.
2. Its objective is to support the development of long-term non-recourse infrastructure financing in India including development of the bonds and derivatives markets.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the National Bank for Financing Infrastructure and D...
Finance Minister Nirmala Sitharaman will introduce the National Bank for Financing Infrastructure and Development Bill, 2021 in the Lok Sabha.
  • The bill seeks to establish the National Bank for Financing Infrastructure and Development.
  • Its objective is 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.
Hence both statements are correct.
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With reference to the National Bank for Financing Infrastructure and Development Bill, 2021, consider the following statements:1. The bill seeks to establish the National Bank for Financing Infrastructure and Development.2. Its objective is to support the development of long-term non-recourse infrastructure financing in India including development of the bonds and derivatives markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the National Bank for Financing Infrastructure and Development Bill, 2021, consider the following statements:1. The bill seeks to establish the National Bank for Financing Infrastructure and Development.2. Its objective is to support the development of long-term non-recourse infrastructure financing in India including development of the bonds and derivatives markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the National Bank for Financing Infrastructure and Development Bill, 2021, consider the following statements:1. The bill seeks to establish the National Bank for Financing Infrastructure and Development.2. Its objective is to support the development of long-term non-recourse infrastructure financing in India including development of the bonds and derivatives markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the National Bank for Financing Infrastructure and Development Bill, 2021, consider the following statements:1. The bill seeks to establish the National Bank for Financing Infrastructure and Development.2. Its objective is to support the development of long-term non-recourse infrastructure financing in India including development of the bonds and derivatives markets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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