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      Question

      Power Finance Corporation (PFC) secured the largest-ever

      foreign currency term loan of USD 1.265 billion in 2024. What was the primary purpose of this loan?
      A Financing coal power projects Correct Answer Incorrect Answer
      B Supporting decarbonization and green energy projects Correct Answer Incorrect Answer
      C Building nuclear power plants Correct Answer Incorrect Answer
      D Expanding the IT infrastructure Correct Answer Incorrect Answer
      E Strengthening defense procurement Correct Answer Incorrect Answer

      Solution

      PFC secured the loan to finance assets other than thermal generation projects, supporting India’s decarbonization goals.

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