Consider the following statements:1.Blended finance mechanism incentivizes and mobilizes private capital into the business where investment is hard to come.2.Global crises like climate change and food insecurity can be handled using blended finance.3.Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) scheme focuses on building primary health care centres in the hilly areas.Which of the statements given above are correct?

Q. Consider the following statements::
1.Blended finance mechanism incentivizes and mobilizes private capital into the business where investment is hard to come.
2.Global crises like climate change and food insecurity can be handled using blended finance.
3.Sustainable Access to Markets and Resources for Innovative Delivery of Healthcare (SAMRIDH) scheme focuses on building primary health care centres in the hilly areas.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A

Notes:

Explanation –

Statement 1 and 2 are correct. Blended finance mechanism incentivizes and mobilizes private capital into the business where investment is hard to come. Global crises like climate change and food insecurity can be handled using blended finance.

Statement 3 is incorrect. SAMRIDH scheme aims to improve access to affordable and quality healthcare for vulnerable populations in tier-2 and tier-3 cities, and tribal and rural regions.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS