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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.
The sequence of folding a transparent sheet of paper and the method of cutting the folded paper are shown in the following figures. What will this paper...
Directions: A statement is given followed by two inferences I and II. You have to consider the statement to be true even if it seems to be at variance ...
Which two numbers should be interchanged to make the given equation correct?
72 + 63 ÷ 9 × 5 – 36 = 67
Find the odd one out :
Axe, Dagger, Arrow, Knife
Select the set in which the numbers are related in the same way as are the numbers of the following set.
(NOTE : Operations should be performed o...
Which of the following numbers will replace the question mark (?) in the given series?
239, 274, 309, 354, 399, 454, ?
Marathon is to Race as hibernation is to:
Which two numbers should be interchanged to make the given equation correct?
14 + 32 − 56 ÷ 28 × 5 = 40
In a certain code language, INDUS is coded as 03865 and TENNIS is coded as 243305. How will STUDENT be coded as in that code language?