📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which of the following correctly states the maximum

      total exposure of IIFCL under Takeout Financing (including direct lending)?
      A 20% of Total Project Cost Correct Answer Incorrect Answer
      B 25% of Total Project Cost Correct Answer Incorrect Answer
      C 30% of Total Project Cost Correct Answer Incorrect Answer
      D 40% of Total Project Cost Correct Answer Incorrect Answer
      E 51% of Total Project Cost Correct Answer Incorrect Answer

      Solution

      Explanation:
      Under Modified Takeout Finance , IIFCL’s total exposure (direct lending + takeout) is capped at 30% of the Total Project Cost .
      This ensures diversification of risk and encourages participation of multiple lenders.

      Practice Next

      Relevant for Exams:

      ask-question