Question

The Kerala Infrastructure Investment Fund Board (KIIFB) contributes to financial empowerment by:

• A. Providing subsidies for small businesses
• B. Investing in traditional industries
• C. Raising funds for large-scale infrastructure projects
• D. Managing the state's debt burden

Answer 1

Answer:

C. Raising funds for large-scale infrastructure projects

• KIIFB is a statutory body that raises funds from the market for major infrastructure projects.

• These projects create jobs, boost economic activity, and build the physical infrastructure necessary for sustained growth, which is a prerequisite for long-term financial empowerment.