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Q: Which of the following statements regarding the ‘Viability Gap Funding Scheme (VGF)’ is not true?

A. Under VGF, the central government meets up to 20% of capital cost of a project being implemented in public private partnership (PPP) mode
B. The scheme is administered by the ministry of finance.
C. Sectors eligible for VGF are Infrastructure, health and education.
D. VGF is a force multiplier, enabling government to leverage its resources more effectively.
Answer» D. VGF is a force multiplier, enabling government to leverage its resources more effectively.


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