CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank Enters into MoU with POORTI Agri Services Private Limited?
A
Canara Bank
B
Bank of Baroda
C
Dena Bank
D
Federal Bank
Explanation: 

Detailed explanation-1: -With an aim to provide digital solutions to farmers, #BankofBaroda has entered into an MoU with POORTI Agri Services Pvt. Ltd. The mobile commerce platform will simplify the various agricultural needs of the farmers.

Detailed explanation-2: -Meaning of agricultural bank in English a type of bank that lends money to farmers for longer periods of time and charges them less interest than other types of banks: Stakeholders in agriculture have pressed the government to establish the newly proposed agricultural bank.

Detailed explanation-3: -Moreover, the app is available in three languages at present i.e. English, Hindi, and Gujarati – making it accessible to a wider base of farmers.

There is 1 question to complete.