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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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