Which state-owned development finance institution finances infrastructure, energy, and renewable projects across Bangladesh?
Answer and explanation
Correct answer: A. the Infrastructure Development Company Limited
- Step 1: The Infrastructure Development Company Limited (IDCOL) was incorporated in 1997 as a non-bank financial institution wholly owned by the Government of Bangladesh. Answer: the Infrastructure Development Company Limited (IDCOL). Why not the others: The Investment Corporation of Bangladesh, The SME Foundation and The Bangladesh House Building Finance Corporation don't fit.
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