CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has launched Kirishi Overdraft scheme?
A
Telangana Bank
B
DBS
C
Karnataka Vikas Grameen Bank
D
HDFC Bank
Explanation: 

Detailed explanation-1: -About Karnataka Vikas Grameena Bank (KVGB):

Detailed explanation-2: -"VIKAS KISAN OVERDRAFT", A NEW CREDIT FACILITY FOR FARMERS | Karnataka Vikas Grameena Bank.

Detailed explanation-3: -SBI offers Overdraft (OD) account against your existing NRE / NRO deposit through internet banking.

Detailed explanation-4: -NABARD - National Bank For Agriculture And Rural Development.

Detailed explanation-5: -An overdraft facility in a Current Account allows you to withdraw from even though the balance is zero. It is a form of extension of a stipulated limit offered by banks; the said amount of funds is known as overdrawn.

There is 1 question to complete.