New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which initiative does the partnership between Bank of

    India (BoI) and Tata Power Solar Systems Limited (TPSSL) specifically support, according to the details provided?
    A PM-Surya Ghar: Muft Bijli Yojana Correct Answer Incorrect Answer
    B National Electric Mobility Mission Plan Correct Answer Incorrect Answer
    C Swachh Bharat Abhiyan Correct Answer Incorrect Answer
    D Smart Cities Mission Correct Answer Incorrect Answer
    E Make in India Initiative Correct Answer Incorrect Answer

    Solution

    The partnership between the Bank of India (BoI) and Tata Power Solar Systems Limited (TPSSL) focuses on providing easier financing options for the installation of rooftop solar panels and electric vehicle (EV) charging stations. This collaboration is specifically aligned with the objectives of the PM-Surya Ghar: Muft Bijli Yojana, which aims to promote the adoption of rooftop solar systems across various sectors including households, societies, and micro, small, and medium enterprises (MSMEs). The initiative seeks to make solar energy more accessible to a wider audience by streamlining the loan and financing process, thereby supporting the government's agenda to increase solar energy capacity and usage in India. The partnership marks TPSSL as the first solar company to collaborate with BoI under this framework, underlining a strategic move to support national renewable energy goals. This collaboration does not directly relate to the other listed initiatives which focus on different aspects of development and infrastructure.

    Practice Next

    Relevant for Exams: