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    Question

    Which financial institution partnered with the Indian

    Renewable Energy Development Agency Ltd. (IREDA) through a Memorandum of Understanding (MoU) to promote renewable energy projects in India?
    A Punjab National Bank (PNB) Correct Answer Incorrect Answer
    B State Bank of India (SBI) Correct Answer Incorrect Answer
    C HDFC Bank Correct Answer Incorrect Answer
    D ICICI Bank Correct Answer Incorrect Answer
    E Axis Bank Correct Answer Incorrect Answer

    Solution

    Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA's registered office in New Delhi on February 19, 2024, paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects.

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