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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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