New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Power Finance Corporation (PFC) will provide

    comprehensive financial backing to which state government for the state's generation, transmission, and distribution projects worth Rs 25,000 crore ?
    A Odisha Correct Answer Incorrect Answer
    B Tamil Nadu Correct Answer Incorrect Answer
    C Gujarat Correct Answer Incorrect Answer
    D Uttar Pradesh Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Power Finance Corporation (PFC) has signed a Memorandum of Understanding (MoU) with the Gujarat government to provide comprehensive financial backing for the state's generation, transmission, and distribution projects worth Rs 25,000 crore. The collaboration is set to facilitate long-term debt and other critical funding necessities vital for executing these diverse projects.

    Practice Next