Current Affairs · Urban Infrastructure and Financing Initiatives
Consider the following statements regarding urban infrastructure financing mechanisms: Statement I: Public financing frameworks promote market-linked urban funds to mobilize private investments for city infrastructure. Statement II: Credit Repayment Guarantee Sub-Schemes provide financial guarantees to enhance the credit rating of Tier-II and Tier-III cities for market borrowing. Statement III: Urban challenge funds facilitate borrowing via municipal bonds, bank credit, and public-private partnership (PPP) structures. Which of the following is correct regarding Statements II and III in relation to Statement I?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither Statement II nor Statement III is correct.
- 2Only Statement II is correct.
- 3Both Statement II and Statement III are correct, but only one explains Statement I.
- 4Both Statement II and Statement III are correct, and both provide mechanisms that explain Statement I.✓
Correct answer
Both Statement II and Statement III are correct, and both provide mechanisms that explain Statement I.
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