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With reference to the India Infrastructure Project Development Fund (IIPDF), consider the following statements:
It aims to support development of bankable Public Private Partnership (PPP) infra projects.
  • It is created in the Department of Financial Services.
  • It has an initial corpus of 100 crores.
  • It will provide an upfront payment of 30% of project cost to the private partner in the PPP project.
    Which of the statements given above are correct?
    • a)
      1, 2 and 4 only
    • b)
      2 and 3 only
    • c)
      1 and 3 only
    • d)
      1, 2, 3 and 4
    Correct answer is option 'C'. Can you explain this answer?
    Most Upvoted Answer
    With reference to the India Infrastructure Project Development Fund (...
    The correct answer is option 'C': 1 and 3 only.

    Explanation:
    The India Infrastructure Project Development Fund (IIPDF) is a government initiative aimed at supporting the development of bankable Public-Private Partnership (PPP) infrastructure projects in the country. Let's analyze each statement to determine which ones are correct:

    1) It aims to support the development of bankable Public-Private Partnership (PPP) infra projects.
    This statement is correct. The main objective of the IIPDF is to provide financial support to the development of bankable PPP infrastructure projects. The fund aims to bridge the infrastructure financing gap in the country and promote private sector participation in infrastructure development.

    2) It is created in the Department of Financial Services.
    This statement is incorrect. The IIPDF is not created in the Department of Financial Services. Instead, it is set up as a Category-II Alternative Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI). The AIF has a separate legal entity and operates independently under the SEBI regulations.

    3) It has an initial corpus of 100 crores.
    This statement is correct. The IIPDF was initially launched with an initial corpus of 100 crores. The fund is expected to be supplemented with additional funds from various sources, including the government, financial institutions, and other investors.

    4) It will provide an upfront payment of 30% of the project cost to the private partner in the PPP project.
    This statement is incorrect. The IIPDF does not provide an upfront payment of 30% of the project cost to the private partner in the PPP project. The fund primarily aims to provide financial support through equity, quasi-equity, and other innovative financial structures to ensure the successful implementation of PPP projects.

    In conclusion, the correct statements are:
    1) It aims to support the development of bankable Public-Private Partnership (PPP) infra projects.
    3) It has an initial corpus of 100 crores.
    Therefore, the correct answer is option 'C': 1 and 3 only.
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    With reference to the India Infrastructure Project Development Fund (IIPDF), consider the following statements: It aims to support development of bankable Public Private Partnership (PPP) infra projects. It is created in the Department of Financial Services. It has an initial corpus of 100 crores. It will provide an upfront payment of 30% of project cost to the private partner in the PPP project. Which of the statements given above are correct?a)1, 2 and 4 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer?
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    With reference to the India Infrastructure Project Development Fund (IIPDF), consider the following statements: It aims to support development of bankable Public Private Partnership (PPP) infra projects. It is created in the Department of Financial Services. It has an initial corpus of 100 crores. It will provide an upfront payment of 30% of project cost to the private partner in the PPP project. Which of the statements given above are correct?a)1, 2 and 4 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the India Infrastructure Project Development Fund (IIPDF), consider the following statements: It aims to support development of bankable Public Private Partnership (PPP) infra projects. It is created in the Department of Financial Services. It has an initial corpus of 100 crores. It will provide an upfront payment of 30% of project cost to the private partner in the PPP project. Which of the statements given above are correct?a)1, 2 and 4 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the India Infrastructure Project Development Fund (IIPDF), consider the following statements: It aims to support development of bankable Public Private Partnership (PPP) infra projects. It is created in the Department of Financial Services. It has an initial corpus of 100 crores. It will provide an upfront payment of 30% of project cost to the private partner in the PPP project. Which of the statements given above are correct?a)1, 2 and 4 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer?.
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