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SEBI has decided to set up a corporate debt market development fund in the form of an AIF with an initial corpus of Rs 3,000 crore to act as a backstop facility for purchase of investment grade corporate debt securities during times of stress. The move is aimed at instilling confidence amongst the participants in the corporate bond market and to generally enhance secondary market liquidity. The government has allowed a 10x usage of this corpus to be availed taking the available fund to Rs 33,000 crore and this additional corpus is also guaranteed by the central credit guarantee corporation. CDMDF, based on a guarantee to be provided by National Credit Guarantee Trust Company (NCGTC) may raise funds, for purchase of corporate debt securities during market dislocation.
Which country had topped the "World Happiness Index" for the year 2023 ?
Which state recently launched the CM-SATH scheme to support the educational advancement of its brightest students?
Which two countries are connected by the newly established 131.5 km long Metri pipeline for the transportation of diesel?
Hill Fruit Research Station, Chaubatia was established in which year?
Which Indian state has declared 'Kaji Nemu' (Citrus limon) as its state fruit?
In the Ramayana, which event is commemorated during Vijayadashmi?
Which musical instrument is Ustad Sultan Khan, the renowned musician, known for playing?
Who launched the 'Bharat 6G Alliance' in New Delhi?
Consider the following statements about Dudhwa Tiger Reserve:
1. Recently UP civil aviation department going to introduce Helicopter services ...
When is GST Day celebrated every year?