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    Question

    The government’s Viability Gap Funding (VGF) support

    for MEIL’s SPR project is capped at what amount?
    A ₹2,500 crore Correct Answer Incorrect Answer
    B ₹3,420 crore Correct Answer Incorrect Answer
    C ₹5,700 crore Correct Answer Incorrect Answer
    D ₹11,020 crore Correct Answer Incorrect Answer
    E ₹7,000 crore Correct Answer Incorrect Answer

    Solution

    The government capped its VGF at ₹3,420 crore, equal to 60% of the project cost. MEIL’s bid was just under this ceiling. VGF is a financial support mechanism to make strategic infrastructure projects commercially viable.

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