Question

REC Limited has signed an MoU with the ________ to jointly finance projects in the power, infrastructure, and logistics sectors over the next three years & to accelerate the realization of pivotal projects crucial to the nation's progress. 

A Bank of India Correct Answer Incorrect Answer
B Bank of Baroda Correct Answer Incorrect Answer
C Canara Bank Correct Answer Incorrect Answer
D State Bank of India Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

In a significant development aimed at boosting India's infrastructure, REC Limited has signed a Memorandum of Understanding (MoU) with the Bank of Baroda (BoB) to jointly finance projects in the power, infrastructure, and logistics sectors over the next three years. This landmark agreement signifies a collaborative effort to accelerate the realisation of pivotal projects crucial to the nation's progress. This partnership marks a significant stride in our commitment to fostering inclusive development.

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