India signs MoU with US for PACESetter Fund
Q. With which country has India signed a MoU for setting up the PACEsetter Fund of Rs.50 crore to accelerate the commercialization of Clean Energy Solutions?
- Published on 24 Jul 15a. Japan
b. United States
c. Russia
d. China
ANSWER: United States
As per the statement made by the Ministry of new and renewable energy (MNRE) the MoU signed on June 30 by US Ambassador Richard Verma and MNRE Secretary Upendra Tripathi, is part of a new initiative under the US-India 'Partnership to Advance Clean Energy (PACE)' that combines the resources of several US agencies and Indian ministries.
