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  9. Q190

ibps-rrb-os1 2024 · Question 190 of 270

The SWAMIH Investment Fund I, managed by SBICAP Ventures Ltd., is primarily related to which of the following?

English (misc)

  1. AAffordable and Mid-Income HousingCorrect
  2. BInfrastructure Projects
  3. CIndustrial Development
  4. DRenewable Energy Projects
  5. ESmall and Medium Enterprises (SMEs)

Answer: A. Affordable and Mid-Income Housing

Explanation

The SWAMIH Investment Fund I is a social impact fund focused on providing last-mile funding for stalled and stressed residential projects in the affordable and mid-income housing segments. The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is a social impact fund created to resolve the issue of stalled and stressed residential projects in the affordable and mid-income housing segments. The fund is sponsored by the Ministry of Finance, Government of India and is managed by SBICAP Ventures Ltd., a company under the State Bank Group. The SWAMIH fund aims to provide last-mile funding to ensure the completion of these housing projects, which have been delayed due to financial issues. By focusing on completing such projects, the fund supports homebuyers and boosts the real estate sector.

Source: IBPS RRB PO Mains Previous Year Paper 2024 (BankersAdda) · memory-based

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