Question

What is the purpose of REC Limited signing a 200 million Euro loan agreement with the German bank KfW?

A To enhance operational efficiency of DISCOMs Correct Answer Incorrect Answer
B To accelerate data-driven transformation Correct Answer Incorrect Answer
C To withdraw the Cashless Treatment Scheme in Emergency Correct Answer Incorrect Answer
D To develop an enterprise data lake platform Correct Answer Incorrect Answer
E To propel distribution sector reforms Correct Answer Incorrect Answer

Solution

The loan agreement is aimed at enhancing the distribution infrastructure of DISCOMs in line with the Revamped Distribution Sector Scheme (RDSS) of the Government of India.

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