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      Question

      Mahindra & Mahindra signed an MoU with DBS Bank to

      launch India’s first sustainability-linked dealer financing scheme in which sector?
      A Automobile sector Correct Answer Incorrect Answer
      B Textile sector Correct Answer Incorrect Answer
      C Pharmaceutical sector Correct Answer Incorrect Answer
      D Steel sector Correct Answer Incorrect Answer
      E Construction sector Correct Answer Incorrect Answer

      Solution

      Mahindra & Mahindra signed an MoU with DBS Bank to launch India’s first sustainability-linked dealer financing scheme in the automotive sector. Authorised Mahindra dealers will get preferential interest rates on vehicle loans linked to their environmental performance. ESG parameters were developed jointly by M&M and DBS Bank India.

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