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MoUs worth Rs 50,530 crore were signed during Bihar’s two-day global investors' summit

Published on December 15, 2023
Current Context: The two-day Global Investors’ Summit, Bihar Business Connect 2023, took place on 13th and 14th of December 2023 in Patna.
MoUs worth Rs 50,530 crore were signed during Bihar’s two-day global investors' summit
  • During the two-day Global Investors’ Summit in Patna, Bihar, Memorandums of Understanding (MoUs) worth Rs.50,530 crore were signed with around 300 companies.
  • The objective of the Bihar Business Connect 2023, a Global Investors’ Summit, was to project Bihar as an attractive global investment destination.
  • Some of the significant investments include:
    • The Adani Group announced an additional investment of Rs.8,700 crore in various sectors, including cement manufacturing, logistics, and the agro-industry.
    • Bharat Petroleum Corporation Limited signed an MoU for Rs.7,386.15 crore.
    • Patel Agri Industries Private Limited committed to an investment of Rs.5,230 crore.
  • These investments are expected to boost Bihar’s industrial growth and create employment opportunities.

Question:

Q.1 When did the Global Investors’ Summit, Bihar Business Connect 2023, take place?
a. 11th and 12th December 2023
b. 13th and 14th December 2023
c. 15th and 16th December 2023
d. 17th and 18th December 2023
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