What are Development Impact Bonds (DIBs) primarily designed for?

Funding commercial startups Supporting social projects Investing in stock market Promoting international trade

In the context of DIBs, who provides the initial funding to initiate the project?

Outcomes Funder Service Provider Risk Funder Independent Evaluator

What is the primary role of an independent evaluator in a Development Impact Bond (DIB) arrangement?

Providing initial funding for the project Managing the day-to-day operations of the project Assessing the project's progress and impact Selecting the service provider for the project

What is a key characteristic of the HDFC Cancer Fund?

It primarily invests in equity securities It operates as an open-ended fund It returns the principal to investors every three years It does not offer tax benefits to investors

How does Quantum Mutual Fund's SMILE facility enable donations to social causes?

By investing directly in social impact bonds By allowing investors to dedicate a portion of their investment to charity By automatically transferring a fixed percentage of returns to NGOs By issuing tax-deductible bonds specifically for charitable donations

What is a common feature of mutual funds that facilitate donations to entities on the Social Stock Exchange?

They primarily invest in high-risk, high-reward securities They are typically open-ended funds with unlimited investment periods They undergo scrutiny by either the AMC or an intermediary They are exclusively available to institutional investors