CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
which Bank Virtually Launched ‘Shaurya KGC Card’, a First-of-its-Kind Card for Indian Armed Forces?
A
PNB
B
IDBI
C
SBI
D
HDFC
Explanation: 

Detailed explanation-1: -HDFC Bank has launched “Shaurya KGC Card” for Indian armed forces personnel.

Detailed explanation-2: -KGC Shaurya - Kisan Gold Card Loan for Defence Personnel | HDFC Bank. You’ve Been Logged Out. For security reasons, we have logged you out of HDFC Bank NetBanking.

Detailed explanation-3: -The new Shaurya KGC Card will provide finance for agricultural requirements such as production of crop, post-harvest maintenance and consumption needs. The armed forces personnel can also avail of this funding to purchase farm machinery, irrigation equipment or construct storage structures etc.

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.