Current Affairs · Government Institutions and Acts
Regarding the National Bank for Financing Infrastructure and Development (NaBFID) Act, 2021 and its operational powers in 2025-2026: I. NaBFID is allowed to raise resources from the Central Government, the Reserve Bank, scheduled banks, and from international markets through sovereign wealth funds. II. The Central Government can provide a sovereign guarantee for the bonds issued by NaBFID at a concessional fee not exceeding 0.1 percent. III. NaBFID is mandated to provide loans only to projects that have already achieved a 50 percent completion rate to ensure safety. IV. The institution can provide 'Credit Enhancement' for infrastructure projects which helps in improving the credit rating of bonds issued by project developers. Which of the combinations below is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All statements are correct.
- 2Statements I and IV are correct.
- 3Statements II and III are correct.
- 4Statements I, II, and IV are correct.✓
Correct answer
Statements I, II, and IV are correct.
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