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      Question

      In project finance, a mechanism is used to control and

      prioritize cash flows through a structured setup managed by a trust bank. What is the full form of TRA?
      A Treasury Reserve Arrangement Correct Answer Incorrect Answer
      B Term Repayment Agreement Correct Answer Incorrect Answer
      C Trust and Retention Account Correct Answer Incorrect Answer
      D Transfer and Reserve Allocation Correct Answer Incorrect Answer
      E Trust and Reconciliation Agreement Correct Answer Incorrect Answer

      Solution

      TRA is used to manage project cash flows as per agreed terms, ensuring priority disbursements and financial discipline.

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