CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Payments Bank launched ‘Suraksha Salary Account’ for the micro, small and medium enterprises?
A
Jio Payments Bank
B
Airtel Payments Bank
C
India Post Payments Bank
D
Fino Payments Bank
Explanation: 

Detailed explanation-1: -Airtel Payments Bank launches Suraksha Salary Account for small and medium enterprises | Tech News.

Detailed explanation-2: -New Delhi, June 15, 2020: As India begins to open up following the COVID-19 lockdown, Airtel Payments Bank today announced the launch of ‘Suraksha Salary Account’ - an innovative salary account for the Micro, Small and Medium Enterprises (MSME).

Detailed explanation-3: -HDFC Bank has a regular and premium salary account. Many consider it as the best bank for salary account. The bank has a vast network of ATMs and branches and a fixed interest rate of 3.5 to 4% per annum. The bank offers a free personal accidental health cover of Rs 1 lakh to its salary account holders.

Detailed explanation-4: -India Post Payments Bank (IPPB) was setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India.

Detailed explanation-5: -The India Post Payments Bank launched on September 1, 2018, by PM Narendra Modi is a payments bank that aims at making banking services available at people’s doorstep.

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