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    Question

    Which company has signed a Memorandum of Understanding

    (MoU) with Rail Vikas Nigam Limited (RVNL) to extend financial support of up to Rs. 35,000 crore for infrastructure projects over the next five years which includes the development of a wide spectrum of projects, including multi-modal logistics hubs, rail infrastructure, road development, port facilities, and metro projects ?
    A REC Ltd. Correct Answer Incorrect Answer
    B Power Finance Corporation Correct Answer Incorrect Answer
    C NTPC Ltd. Correct Answer Incorrect Answer
    D NMDC Ltd Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to extend financial support of up to Rs. 35,000 crore for infrastructure projects over the next five years. The agreement encompasses a wide spectrum of projects, including multi-modal logistics hubs, rail infrastructure, road development, port facilities, and metro projects that RVNL is venturing into.

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