CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Niryat Shree and Niryat Bandhu awards are given for the promotion of export sector. Which among the following bank has won the gold trophy in Niryat Bandhu awards recently
A
Indian Overseas Bank
B
Canara Bank
C
State Bank of India
D
Punjab National Bank
Explanation: 

Detailed explanation-1: -In its efforts to motivate exporters, FIEO instituted the “Niryat Shree” and “Niryat Bandhu” Awards in the year 1995-96.

Detailed explanation-2: -FIEO is the India partner of the Enterprise Europe Network and assists MSMEs in internationalization.

Detailed explanation-3: -On the other hand, FIEO is an apex body jointly established by the Ministry of Commerce and Industry and the private trade industry in 1965 and functions as a partner of the Government of India to promote Indian exports.

Detailed explanation-4: -The FIEO was set up in the year 1965 mutually by the Ministry of Commerce, Government of India and private trade and industry. The Federation of Indian Export Organisations is responsible for representing and assisting Indian entrepreneurs and exporters in the global market.

There is 1 question to complete.