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What does the Memorandum of Understanding (MoU) between the Warehousing Development Regulatory Authority (WDRA) and the Bank of India (BoI) aim to support?
  • a)
    Funding for housing projects
  • b)
    Agricultural financing using electronic Negotiable Warehouse Receipts (e-NWRs)
  • c)
    Renewable energy initiatives
  • d)
    Small-scale businesses in rural areas
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What does the Memorandum of Understanding (MoU) between the Warehousin...
The MoU between WDRA and BoI aims to provide funding against electronic Negotiable Warehouse Receipts (e-NWRs) to support agricultural financing. This initiative helps farmers who have stored their produce in authorized storage godowns and seek loans against their e-NWRs.
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What does the Memorandum of Understanding (MoU) between the Warehousing Development Regulatory Authority (WDRA) and the Bank of India (BoI) aim to support?a)Funding for housing projectsb)Agricultural financing using electronic Negotiable Warehouse Receipts (e-NWRs)c)Renewable energy initiativesd)Small-scale businesses in rural areasCorrect answer is option 'B'. Can you explain this answer?
Question Description
What does the Memorandum of Understanding (MoU) between the Warehousing Development Regulatory Authority (WDRA) and the Bank of India (BoI) aim to support?a)Funding for housing projectsb)Agricultural financing using electronic Negotiable Warehouse Receipts (e-NWRs)c)Renewable energy initiativesd)Small-scale businesses in rural areasCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What does the Memorandum of Understanding (MoU) between the Warehousing Development Regulatory Authority (WDRA) and the Bank of India (BoI) aim to support?a)Funding for housing projectsb)Agricultural financing using electronic Negotiable Warehouse Receipts (e-NWRs)c)Renewable energy initiativesd)Small-scale businesses in rural areasCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the Memorandum of Understanding (MoU) between the Warehousing Development Regulatory Authority (WDRA) and the Bank of India (BoI) aim to support?a)Funding for housing projectsb)Agricultural financing using electronic Negotiable Warehouse Receipts (e-NWRs)c)Renewable energy initiativesd)Small-scale businesses in rural areasCorrect answer is option 'B'. Can you explain this answer?.
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