Question
In the Union Budget 2023-24, Government indicated that
an Urban Infrastructure Development Fund (UIDF) will be established. This will be managed by the National Housing Bank. Which of the following will be the major source of funding for the same?Solution
The Finance Minister mentioned that an Urban Infrastructure Development Fund (UIDF) will be established through use of priority sector lending shortfall. This will be managed by the National Housing Bank, and will be used by public agencies to create urban infrastructure in Tier 2 and Tier 3 cities.
Which of the following is true about Neo banking in India?
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Statement 1: Neo banks are digital-only banks that operate exclusively ...
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
Which committee's recommendations form the basis of the modern Working Capital Assessment under the turnover method in India?
Under which of the following type of guarantees, the banker guarantees payment of installments spread over a period?
Which country is projected to have the highest per-capita income growth in the world at 5.4 per cent per annum during 2024-33, according to a report by ...
Which of the following is NOT a benefit of career development and management systems for managers?
As per the RBI’s updated directions, what is the maximum permissible tenor for Non-Convertible Debentures (NCDs) issued by eligible participants?
What does the abbreviation "AIS" stand for in the context of Indian Income Tax?
Which of the following best describes a "bulge bracket" investment bank?
Who among the following can issue Certificate of Deposits to raise short term resources?