With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct? 1) It is a Public Limited Government Company. 2) It is a Non-Banking Financial Company. Select the correct answer using the codes given below:

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CollectorBabu · Accepted Answer

Correct Answer: Both 1 and 2. Indian Renewable Energy Development Agency Limited is a Public Limited Government Company which was set up as Institution of Non-Banking Financial Services in year 1987 under the administration of Ministry of Non Renewable Energy in order to encourage, develop and provide financial help for renewable energy and energy efficiency to promote necessity and need of Energy for All. This description confirms that statement 1 which shows “It is a Public Limited Government Company” and statement 2 which says “It is a Non Banking Financial Company” are both correct, so option C is correct.

With reference to the Indian Renewable Energy Development Agency Limited (IREDA), which of the following statements is/are correct? 1) It is a Public Limited Government Company. 2) It is a Non-Banking Financial Company. Select the correct answer using the codes given below:

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