Which of the following is not a key characteristic of project financing?
Full recourse is not a key characteristic of project financing. In fact, project financing is typically structured as a limited or non-recourse loan, which means that the lender's recourse to the project sponsors is limited to the assets and cash flows of the project itself. Limited or non-recourse financing is a key feature of project financing because it helps to reduce the risk for the lender. In limited or non-recourse financing, the lender does not have access to the project sponsors' other assets in case of default, but instead can only recover its investment from the project assets and cash flows.
Which author has been awarded the prestigious 'German Peace Prize'?
The $23 million loan agreement signed between India and the Asian Development Bank (ADB) aims to establish an International Fintech Institute (IFI) in:
Who is the only Indian to feature in the top 10 billionaires on the 2023 M3M Hurun Global Rich List, and what is their net worth?
Brazil and _____ aim for greater economic integration, including the development of a common currency.
What is the purpose of the 'Sri Anna Mahotsav' and state-level millet workshop organized by the Uttar Pradesh government from 27th to 29th October?
Which state governor has recently approved the Freedom of Religion (Amendment) Act?
World Health Organization (WHO) recently recommended a new vaccine, R21/Matrix-M, for the prevention of which diesease in children?
Bhupendrabhai Patel will release Gujarat’s First “District Good Governance Index”, of Gujarat, prepared by Department of Administrative Reforms & ...
Which of the following statements about the MoU between Aeronautical Development Agency and the Indian Air Force is/are correct?
1. The MoU facil...
_____________ has won the 2021 International Craft Award for the best craft village of the year.
