CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank introduced ‘Liberty Savings Account’ for the Indian Youth?
A
Yes Bank
B
AXIS Bank
C
HDFC
D
ICICI Bank
Explanation: 

Detailed explanation-1: -Axis Bank has launched a new savings account called the Axis Liberty Savings Account, aimed at millennial customers. It offers customers the option of maintaining a minimum balance of ₹25, 000 per month or spending the same amount every month using the bank’s debit card.

Detailed explanation-2: -Presenting Liberty Savings Account where you choose what’s right for you. The savings accountcomes with a unique flexibility to either maintain a monthly average balance of Rs. 25000 or spend Rs. 25000 in a month from your account.

Detailed explanation-3: -Savings account specifically designed for youth under 35 years of age.

Detailed explanation-4: -The ULTIMA Liberty Debit Card which comes with this account makes your weekends all the more delightful with 5% flat cashback across food, entertainment, shopping, and travel on weekends. Additionally, earn gift vouchers every quarter, free unlimited NEFT and RTGS transactions.

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