New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As part of their efforts to promote climate goals, which

    international organisation has provided a loan to mortgage giant HDFC?
    A IMF Correct Answer Incorrect Answer
    B IBRD Correct Answer Incorrect Answer
    C International Finance Corporation Correct Answer Incorrect Answer
    D World Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    HDFC borrows USD 400 million from IFC: As part of their efforts to promote climate goals, the International Finance Corporation (IFC) has provided a loan to mortgage giant HDFC in the amount of USD 400 million for the financing of green, affordable housing units.

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