hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    In May 2024, Airbus Helicopters signed a Memorandum of Understanding (MoU) with which bank to provide financing solutions for the purchase of its heli
    Question

    In May 2024, Airbus Helicopters signed a Memorandum of Understanding (MoU) with which bank to provide financing solutions for the purchase of its helicopters in India?

    A.

    State Bank of India (SBI)

    B.

    Small Industries Development Bank of India (SIDBI)

    C.

    HDFC Bank

    D.

    Punjab National Bank (PNB)

    E.

    Bank of Baroda

    Correct option is B

    In May 2024, Airbus Helicopters signed an MoU with the Small Industries Development Bank of India (SIDBI) to provide financing solutions for civil helicopter operators in India interested in purchasing Airbus helicopters.
    While Airbus will offer its industry knowledge and technical expertise, SIDBI will be responsible for evaluating potential operators and financing them exclusively for the purchase of Airbus helicopters.
    Small Industries Development Bank of India Static Facts:
    · The Small Industries Development Bank of India (SIDBI) is the apex regulatory body for the overall licensing and regulation of micro, small and medium enterprise finance companies in India.
    · Established: 2nd April 1990
    · Headquarters: Lucknow, Uttar Pradesh

    Free Tests

    Free
    Must Attempt
    Video Solutions

    RBI Assistant Pre 2026 Full Mock Test -01

    languageIcon English
    • pdpQsnIcon100 Questions
    • pdpsheetsIcon100 Marks
    • timerIcon60 Mins
    languageIcon English
    Free
    Must Attempt
    Video Solutions

    RBI Asst Prelims 2026 : Reasoning Section Test 01

    languageIcon English
    • pdpQsnIcon35 Questions
    • pdpsheetsIcon35 Marks
    • timerIcon20 Mins
    languageIcon English
    Free
    Must Attempt
    Video Solutions

    RBI Office Attendant 2026 Full Mock Test - 01

    languageIcon English
    • pdpQsnIcon120 Questions
    • pdpsheetsIcon120 Marks
    • timerIcon90 Mins
    languageIcon English
    test-prime-package

    Access ‘IBPS RRB PO Mains’ Mock Tests with

    • 60000+ Mocks and Previous Year Papers
    • Unlimited Re-Attempts
    • Personalised Report Card
    • 500% Refund on Final Selection
    • Largest Community
    students-icon
    353k+ students have already unlocked exclusive benefits with Test Prime!
    Our Plans
    Monthsup-arrow