Economics · Economy
As per the National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021, what is the primary source specified for raising long-term resources for this specialized institution?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Mobilizing funds exclusively through the sale of equity shares via an Initial Public Offering (IPO) to the general public.
- 2Relying primarily on grants and ongoing budgetary support from the Government of India.
- 3Borrowing in Indian and foreign currency, including the issuance of bonds and debentures.✓
- 4Accepting short-term public deposits, similar to commercial banks.
Correct answer
Borrowing in Indian and foreign currency, including the issuance of bonds and debentures.
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