CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank named Asia’s Safest Bank for 12th consecutive year?
A
ADB
B
DBS
C
SBI
D
SVC
Explanation: 

Detailed explanation-1: -DBS is a leading financial services group in Asia with a presence in 18 markets.

Detailed explanation-2: -State Bank of India (SBI): As it is managed by the Indian government and a few shareholders, the State Bank of India may be among the most reliable financial institutions. How is SBI bank safe? Your assets are entirely under the bank’s control.

Detailed explanation-3: -It is a sign of the bank’s strength and resiliency, and the result of its strong presence in key markets across the region, ” added Global Finance. Said Chng Sok Hui, Chief Financial Officer of DBS Bank, “We are honoured that Global Finance has recognised us as the Safest Bank in Asia for the 12th consecutive year.

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