New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    SWAMIH Fund has played an instrumental role in

    providing affordable homes to many. It has clocked 20000 mark since inception. What does the “W” stand for in SWAMIH?
    A Women Correct Answer Incorrect Answer
    B Weaker Correct Answer Incorrect Answer
    C Window Correct Answer Incorrect Answer
    D Waiting Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is India’s largest social impact fund specifically formed for completing stressed and stalled residential projects. The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company. The Fund has no precedent or comparable peer fund in India or in the global markets.

    Practice Next

    Relevant for Exams: