REC Limited and Punjab National Bank MoU Quiz

What is the purpose of the MoU signed between REC Limited and Punjab National Bank?

• To explore funding possibilities in the Power Infrastructure and logistics sectors

• To explore funding possibilities in the Agriculture sector

• To explore funding possibilities in the Healthcare sector

• To explore funding possibilities in the Education sector

How much amount will the consortium co-finance loans worth over the next three years?

• Rs 55,000 crores

• Rs 50,000 crores

• Rs 60,000 crores

• Rs 65,000 crores

Which sector has REC Limited been authorized to lend to by the Power Ministry?

• Power sector only

• Education sector

• Healthcare sector

• Infrastructure sector only

What is the loan book amount of REC Limited?

• ₹4,60,000 crore

• ₹4,54,393 crore

• ₹4,50,000 crore

• ₹4,00,000 crore

When was REC Limited established?

• 1989

• 1969

• 1959

• 1979

What is the focus area of REC Limited?

• Healthcare Sector Financing

• Power Sector Financing

• Agriculture Sector Financing

• Education Sector Financing

How many years has REC Limited completed in its field of operations?

• 40 years

• 45 years

• 55 years

• 50 years

What was the former name of REC Limited?

• Rural Electrification Corporation Limited

• Rural Electrification Company Limited

• Rural Electrification Consortium Limited

• Rural Electrification Corporation India Limited

In which city is the headquarters of REC Limited located?

• New Delhi

• Kolkata

• Chennai

• Mumbai

Who is the CMD of REC Limited?

• Sanjay Patel

• Amit Singh

• Rajesh Sharma

• Vivek Kumar Dewangan