Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
Consider the following statements.
1) India Infrastructure Finance Company Ltd (IIFCL) is a Public Private Partnership (PPP) based Special Purpose Vehicle (SPV) company set up to provide long term finance to viable infrastructure projects
2) Industrial Finance Corporation of India (IFCI) is a Systemically Important Non-Deposit taking Non- Banking Finance Company (NBFC-ND-SI), registered with the RBI.
Which of the above is/are correct?
1 only
2 only
Both 1 and 2
None
Hybrid Annuity Model is a public-private partnership model that is characterized by
1) Delinking of performance of the structure with the cost compensation of payment
2) Absence of competitive bidding when awarding contracts
With reference to InvITs, consider the following statements.
1) The objective of InvIT is to facilitate investment into the infrastructure sector in India.
2) To encourage investments, InvITs are exempt from regulation by the Securities and Exchange Board of India (SEBI).
3) InvITs are designed to pool small sums of money from a number of investors to invest in assets that give cash flow over a period of time.
Select the correct answer using the codes below.
1 and 3 only
2 and 3 only
1, 2 and 3
Consider the following statements. Initial Coin Offerings (ICO)
1) Can be converted into crypto currencies
2) Can be used to raise funds by start-up firms
3) Are regulated by SEBI in India
1 and 2 only
With reference to the directions issues by the Reserve Bank of India on Exchange Traded Currency Derivatives (ETCD), consider the following:
1) Non-Resident Indians and Foreign Portfolio Investors will not be allowed to invest in ETCDs.
2) They cannot be used to hedge exposure or speculate on financial assets such as commodities and currencies.