Question
A setup in which group of individuals or entities
decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup is governed by a legal contract that delegates responsibilities among its members is called:Solution
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup is governed by a legal contract that delegates responsibilities among its members, is known as Consortium lending Loan Syndication is is generally reserved for loans that involve international transactions, different currencies and a necessary banking cooperation to guarantee payments and reduce exposure.
Prevention of Money Laundering Act, 2002 came into force with effect from?
The $170 million policy-based loan from the Asian Development Bank (ADB) to India aims to:
The income which is available with a person for Spending is called- _________________.
Who is the Chairperson of the Sixteenth Finance Commission (XVIFC)?
What is the key focus of the NCF-SE regarding languages in education?
Consider the following statements about Gender budgeting:
I. Ministry of Women and Child Development is the nodal agency to implement strategy of...
Which organization is responsible for preparing the National Monetisation Pipeline (NMP)?
As per AISHE 2019-20 Report, what is the gross enrolment ratio for Schedule Cast students?
Consider the following Statements.
(1) As per the Census 2011, little more than half of India’s population that live in rural areas have acc...
Consider the following statements about National Accreditation Day:
I.National Accreditation Day is observed to recognize the importance of accr...
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