Which of the following govt organization has launched a logo and tagline design contest for the soon to be set up India Post Payments Bank (IPPB)

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	India Post
B	Payment Banks
C	Reserve Bank
D	Sector Bank

Explanation:

Detailed explanation-1: -The Department of Posts on June 10, 2016, launched a logo and tagline design contest for the soon to be set up India Post Payments Bank on the MyGov website.

Detailed explanation-2: -For us, every customer is important, every transaction is significant, and every deposit is valuable no matter what the value. That is what we truly mean when we say – Aapka Bank, Aapke Dwaar.

Detailed explanation-3: -India Post Payments Bank (IPPB) has been established under the Department of Posts, Ministry of Communication with 100% equity owned by Government of India.

Detailed explanation-4: -Personal-India Post Payments Bank IPPB has introduced annual maintenance and re-issuance charges on Virtual Debit Card effective from 15th July 2022. IPPB has revised the Savings Bank interest rate to 2.00% p.a. (upto Rs. 1 lakh balance) & 2.25% p.a.

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