Consider the following statements with respect to recent developments in infrastructure sector in India : 1. India Infrastructure Finance Company Limited was set up as a banking company for providing long-term loans for financing infrastructure projects.

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Q: 13 (CAPF/2009)
Consider the following statements with respect to recent developments in infrastructure sector in India :
1. India Infrastructure Finance Company Limited was set up as a banking company for providing long-term loans for financing infrastructure projects.
2. 100 per cent Foreign Direct Investment under automatic route is permitted for all infrastructure projects.
Which of the statements given above is/are correct ?
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question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,11,129,73,11,44,12

keywords: 

{'india infrastructure finance company limited': [0, 0, 1, 0], 'infrastructure sector': [0, 0, 0, 1], 'infrastructure projects': [0, 0, 1, 2], 'cent foreign direct investment': [0, 0, 2, 0], 'banking company': [0, 0, 1, 0], 'india': [8, 1, 7, 13], 'term loans': [0, 0, 1, 0], 'automatic route': [0, 0, 1, 1]}