CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank Bank launches “Shaurya KGC Card” for agriculture loans for military and paramilitary professionals?
A
SBI
B
PNB
C
HDFC
D
IDBI
Explanation: 

Detailed explanation-1: -KGC Shaurya - Kisan Gold Card Loan for Defence Personnel | HDFC Bank.

Detailed explanation-2: -HDFC Bank has launched “Shaurya KGC Card” for Indian armed forces personnel. The card will offer agriculture loans for military and paramilitary professionals.

Detailed explanation-3: -Kisan Gold Card (KGC) is privileged credit card provides a general-purpose loan meant for meeting credit needs of farmers for productive and consumption purposes. Farmers having good track record of repayment in their ACC / ATL / KCC accounts for the last two years.

Detailed explanation-4: -It was first announced in 1998 in order to fulfil the financial requirements of the farmers at various stages of farming through institutional credit. It is implemented by all the Cooperative banks, Regional Rural Banks and PSBs throughout the whole country.

Detailed explanation-5: -kind product for the armed forces. Called “Shaurya KGC Card”, this unique product comes. with never-seen-before features and eligibility criteria specially crafted for our over 45 lakh Indian armed forces personnel. The product is based on the Kisan Credit Card guidelines by the government.

There is 1 question to complete.