2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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State Bank of India
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Punjab National Bank
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Indian Bank
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Bank of India
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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: -HDFC Bank Ltd., signed an MoU with the Indian Navy to offer a salary account to Navy personnel.
Detailed explanation-3: -Detailed Solution. The correct answer is Axis Bank.
Detailed explanation-4: -“The MOU is a reflection of Axis Bank’s constant endeavour to serve the Defence Forces of India, and help them meet their financial requirements, aspirations and milestones,” the company stated in its official press release announcing the exclusive package.
Detailed explanation-5: -Axis Bank has signed an MoU with the Indian Navy, offering a defence service salary package.