CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following banks has signed a MoU with Indian Army for customized services?
A
Indian bank
B
Bank of Baroda
C
Canara Bank
D
State Bank of India
Explanation: 

Detailed explanation-1: -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-2: -Detailed Solution. The correct answer is Axis Bank.

Detailed explanation-3: -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.

Detailed explanation-4: -Mumbai: ICICI Bank renewed its Memorandum of Understanding (MoU) with the Indian Army, to offer a range of specially curated enhanced benefits and new features through its ‘Defence Salary Account’, to all serving as well as retired Army personnel. The MoU was signed in Delhi by Lt.

Detailed explanation-5: -Average Indian Army EX Servicemen salary in India is ₹ 4.5 Lakhs for experience between 15 years to 30 years. EX Servicemen salary at Indian Army India ranges between ₹ 0.7 Lakhs to ₹ 7.0 Lakhs. According to our estimates it is 10% less than the average EX Servicemen Salary in Defence & Aerospace Companies.

There is 1 question to complete.