Current Affairs · Banking & Financial Sector
The National Bank for Financing Infrastructure and Development (NaBFID) was established as India's fifth All-India Financial Institution (AIFI) with developmental and financial objectives to bridge financing gaps. Which of the following combinations correctly reflects NaBFID's authorized share capital, the initial capital infused by the Government of India (GOI), and the timeline of its first loan disbursement, respectively?
- 1₹1 lakh crore; ₹20,000 crore; December 2022✓
- 2₹2 lakh crore; ₹20,000 crore; April 2021
- 3₹1 lakh crore; ₹5,000 crore; March 2022
- 4₹50,000 crore; ₹10,000 crore; December 2021
Correct answer
₹1 lakh crore; ₹20,000 crore; December 2022
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