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    Question

    The Indian Renewable Energy Development Agency (IREDA)

    plans to raise ₹4,500 crore through which route?
    A Public Offering Correct Answer Incorrect Answer
    B Foreign Direct Investment (FDI) Correct Answer Incorrect Answer
    C Qualified Institutions Placement (QIP) Correct Answer Incorrect Answer
    D Private Equity Correct Answer Incorrect Answer
    E Corporate Bonds Correct Answer Incorrect Answer

    Solution

    IREDA has received approval to raise ₹4,500 crore through Qualified Institutions Placement (QIP), allowing the agency to strengthen its capital base and fund renewable energy projects.

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