CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Bureau of Energy Efficiency (BEE) has partnered with which of the following to promote energy efficiency financing for MSMEs in November 2022?
A
SIDBI
B
IRDAI
C
SEBI
D
NABARD
Explanation: 

Detailed explanation-1: -New Delhi: Bureau of Energy Efficiency (BEE) signed a Memorandum of Understanding with the Small Industries Development Bank of India (SIDBI) on 3rd Nov. 2022 to promote energy efficiency financing for MSMEs and exploring IoT-based solutions, Greening MSMEs, capacity building of various stakeholders, etc.

Detailed explanation-2: -Bureau of Energy Efficiency (BEE) under the Ministry of Power has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for MSMEs.

Detailed explanation-3: -The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market pri nciples, within the overall framework of the Energy Conservation Act, 2001 with the primary objective of reducing energy intensity of the Indian economy.

Detailed explanation-4: -Small Industries Development Bank of India (SIDBI) provides financial loans to MSMEs and helps them in the promotion, development and maintenance of their business in India.

There is 1 question to complete.