PNB Signs MoU with Rajasthan to Invest Rs.21,000 Crores under ‘Rising Rajasthan’

Current Context: Punjab National Bank (PNB) signed an MoU with the Rajasthan government on September 6, 2025, in Jaipur.

• The agreement commits ₹21,000 crore investment under the ‘Rising Rajasthan’ initiative.
• Funds will support development across MSMEs, agriculture, housing, and renewable energy.
• PNB aims to promote digital banking, financial inclusion, and infrastructure growth.
• This strategic partnership aligns with Rajasthan’s goal of becoming a developed state.
• CM Bhajanlal Sharma called it a transformative step for socio-economic progress.
• The MoU reflects PNB’s commitment to regional development and inclusive finance.

Question:

Q.1 Punjab National Bank (PNB) signed an MoU with which state government on September 6, 2025, committing ₹21,000 crore investment?
a) Gujarat
b) Rajasthan
c) Maharashtra
d) Uttar Pradesh

Answer: b) PNB signed the MoU with the Rajasthan government in Jaipur, focusing on investment for state development.