Question
What is limited recourse
financing?Solution
Limited recourse financing is a type of financing where the lender's ability to recover its loan is limited to a specific source of repayment, such as project cash flows or specific assets. This means that the lender has limited recourse to the borrower's other assets in the event of default, which helps to reduce the lender's overall risk exposure. Limited recourse financing is commonly used in project finance, where lenders are primarily interested in the project's ability to generate sufficient cash flows to repay the loan.
SBI, Union Bank decided to adopt __________ method for auction of loan accounts for the KSK Mahanadi Power.
Match List-I with List-II and choose the correct answer from the codes given below:
Among the following, which three performing art forms were included in the Intangible Cultural Heritage of Humanity?
(1) Mudiyettu of Kerala
...Where is the headquarters of World Chess Federation (FIDE)?
The Meredith Corporation recently acquired which of the following companies?
Who was the owner of "Gujarat Lions' in IPL 2016?
सागरमल गोपा का संबंध किस रियासत से है ?
Which country recently became the newest member of the European Union?
The Provision for Corporate Social Responsibility (CSR) is in:
Warli Painting is the folk painting of which Indian state?