CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many digital villages does Vijaya Bank planned to open?
A
100
B
50
C
80
D
500
Explanation: 

Detailed explanation-1: -Vijaya Bank is going to develop as many as 100 digital villages in various States of the country as part of its initiative to promote digital banking among the rural population.

Detailed explanation-2: -Akodara village of Gujarat situated in Sabarkantha district became the first digital village of India.

Detailed explanation-3: -Vijaya Bank became a scheduled bank in 1958. During the year 1963–68 is grew into all India bank by merger of nine smaller banks into Vijaya Bank. It got nationalised in year 1980.

Detailed explanation-4: -In 1958, it was promoted and became a scheduled bank. From 1963 to 68, the Vijaya bank grew both in terms of size and stature-9 small banks had merged with it, thus contributing to its growth and advancement. On April 15, 1980, the bank was nationalized.

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