D) Ministry of Corporate Affairs
Correct Answer: A
Solution :The Infrastructure debt fund is being set up by the finance ministry in order to channelize long-term funds into infrastructure projects which require long-term stable capital investment. According to the structure laid out by the finance ministry, after consultations with stakeholders, infrastructure NBFCs, market regulators and banks, an IDF could either be set up as a trust or as a company. If the IDF is set up as a trust, it would be a mutual fund, regulated by SEBI or the Securities and Exchange Board of India. Company based IDF will be regulated by the RBI.
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