Question
1Â What is a special purpose vehicle (SPV) in project
finance?Solution
A special purpose vehicle (SPV) in project finance is a separate legal entity or company created solely for the purpose of a specific project. Its primary role is to isolate the risks and liabilities associated with that project from the sponsoring company or other ventures. SPVs are often used to ring-fence the assets and obligations of a project, making it easier to secure financing and manage risk. This structure helps protect the parent company and its other assets from the potential financial challenges of the project, and it provides a clear legal framework for the project's operations and financing.
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
Peter ate heartily with a quip about being a c... Belonging to or occurring in the present
- Select the most appropriate antonym of the bracketed word in the following sentence to fill in the blank.
The Nipah virus is capable of causing dif... Find out the wrongly spelt word and mark that option as the answer.
Choose the word similar in meaning to the given word:
Ubiquitous
 DISPARAGEÂ
 Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The extravagant banquet was later followed by a...
- Select the most appropriate synonym of the bold word.
She decided to resume her studies after the break.
... Choose the word nearest in meaning to the given word:
MELANCHOLIC
- Choose the word that is most similar in meaning to the bold word.
Her sardonic humor made her the center of attention at the party.
...
