Question

Who provides the unconditional and irrevocable guarantee for the borrowings made by KIIFB?

• A. The Reserve Bank of India (RBI)
• B. The World Bank
• C. The Government of India (GoI)
• D. The Government of Kerala (GoK)

Answer 1

Answer:

D. The Government of Kerala (GoK)

• All borrowings and debt instruments issued by KIIFB are guaranteed by the Government of Kerala (GoK), which is a key factor in KIIFB's ability to raise funds at competitive rates.