Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 4465)

2020-08-12 National

4465.

How much International Financial Corporation to Invest in Endiya Partners Fund II?

Rs. 50 Crore

Rs. 150 Crore

Rs. 90 Crore

Rs. 75 Crore

Answer: Option

Explanation:

The International Financial Corporation(IFC), a member of the World Bank Group, has committed to invest Rs 75 crore (about USD 10million) in Endiya Partners Fund II. In addition to this, IFC has also committed an additional USD 10 million for direct co-investments.