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    Question

    REC Limited recently signed an MoU with PFC. Which of

    the following Statements about REC is/are True? I- REC Limited is an NBFC focusing on Power Sector Financing and Development across India. II- It was established in 1991 at the onset of Liberalisation. III- It provides financial assistance to state electricity boards, state governments, central/state power utilities, independent power producers, rural electric cooperatives and private sector utilities.
    A Only I Correct Answer Incorrect Answer
    B I & II Correct Answer Incorrect Answer
    C I & III Correct Answer Incorrect Answer
    D Only III Correct Answer Incorrect Answer
    E I, II & III Correct Answer Incorrect Answer

    Solution

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