Question
'Take-or-Pay' contracts are commonly used in
infrastructure project financing to mitigate which risk?Solution
A Take-or-Pay contract is an agreement where a buyer agrees to either take the product from the seller or pay a specified amount if they do not take the product. This guarantees a revenue stream for the project company, thereby mitigating the risk of insufficient demand (Market Risk).
The Radcliffe Line is a boundary between:
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Which franchise brand is reported to be the most valuable in the Indian Premier League (IPL) according to recent data?
Which organization is responsible for overseeing the first registry for hand transplantation in India?
On 18th September, 2019, Shyam Ramsay died at the age of 67, he was known for which field?
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