2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Central Bank of India
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Canara Bank
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Bank of Maharashtra
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Corporation Bank
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Detailed explanation-1: -“The Indian Army has signed historic MoU with 11 Banks viz State Bank of India, Punjab National Bank, Bank of Baroda, IDBI Bank, ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, Kotak Mahindra Bank, IDFC First Bank and Bandhan Bank for providing banking facilities to Agniveers on enrollment, ” the ministry said in a release.
Detailed explanation-2: -This MoU is a part of the bank’s ‘Power Salute’ initiative. India’s third largest private lender Axis Bank on Wednesday signed a Memorandum of Understanding (MoU) with the Indian Coast Guard to roll out a defence service salary package with added benefits and features.
Detailed explanation-3: -Detailed Solution. The correct answer is Bank of Baroda. Under the MOU bank would offer customized services along with facilities to the account holders.
Detailed explanation-4: -On 9 March 2022, an MoU was signed between Australian Army Research Centre (AARC) and Centre for Land Warfare Studies (CLAWS) on the side-lines of the visit. CLAWS is the Indian Army think tank situated in New Delhi.