Centre has cleared how much advance payment to Serum Institute and Bharat Biotech without bank guarantee? Options: A . &nbspRs 3000 crore B . &nbspRs 5000 crore C . &nbspRs 4500 crore D . &nbspRs 2800 crore

Centre has cleared how much advance payment to Serum Institute and Bharat Biotec

Question

Centre has cleared how much advance payment to Serum Institute and Bharat Biotech without bank guarantee?

Options:

A . Rs 3000 crore

B . Rs 5000 crore

C . Rs 4500 crore

D . Rs 2800 crore

Answer: Option C

The Union Government has reportedly decided to offer an advance payment of over Rs 4,500 crore to the Serum Institute of India (SII) and Bharat Biotech to secure future supplies of Covid-19 vaccines.

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