Which of the following statement(s) is/are correct about the Off-Budget Financing? 1. It refers to the capital and planned expenditure made out of Budget every year. 2. Creation of a special purpose vehicle (SPV) for financing construction activities through borrowings by SPV is an example of Off-Budget Financing. Select the correct answer using the codes given below: - Study24x7
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Which of the following statement(s) is/are correct about the Off-Budget Financing? 1. It refers to the capital and planned expenditure made out of Budget...

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A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

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