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    Question

    The MoU signed between IPPB (India Post Payments Bank)

    on October 11, 2023, is for the development and financing of informal micro enterprises in rural and remote areas of India. Who is the other party that signed this MoU with IPPB?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B Small Industries Development Bank of India (SIDBI) Correct Answer Incorrect Answer
    C State Bank of India (SBI) Correct Answer Incorrect Answer
    D National Bank for Agriculture and Rural Development (NABARD) Correct Answer Incorrect Answer
    E Ministry of Finance, Government of India Correct Answer Incorrect Answer

    Solution

    SIDBI inks MoU with India Post Payments Bank (IPPB) on October 11, 2023 for development and financing of informal micro enterprises in rural and remote areas of the country by leveraging strengths of respective Institutions.

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