What does MOU stand for?

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What does MOU stand for? Answer: Memorandum of Understanding

An MOU (Memorandum of Understanding) is a non-binding agreement outlining bilateral terms between parties.

Question context

This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the PPSC Punjab Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.