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    Question

    By FY28, Affordable Housing Finance Companies (AHFCs)

    are projected to have assets under management (AUM) of:
    A тВ╣1.8 trillion Correct Answer Incorrect Answer
    B тВ╣2.0 trillion Correct Answer Incorrect Answer
    C тВ╣2.2 trillion Correct Answer Incorrect Answer
    D тВ╣2.5 trillion Correct Answer Incorrect Answer
    E тВ╣3.0 trillion Correct Answer Incorrect Answer

    Solution

    According to ICRA, AHFCsтАЩ AUM is projected to grow from тВ╣1.4 trillion to тВ╣2.5 trillion by FY28. Growth drivers include strong retail mortgage demand, limited alternative credit options, and focus on self-employed borrowers with small-ticket housing loans.

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