CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Fisheries Development Board has entered into an MoU with which bank?
A
PNB
B
SBI
C
RBI
D
NABARD
Explanation: 

Detailed explanation-1: -National Fisheries Development Board (NFDB) has signed a MoU with Punjab National Bank to extend financial assistance to the fisheries sector through the bank’s 10, 641 branches, 13, 781 delivery channels and 12, 518 Business Correspondents.

Detailed explanation-2: -National Fisheries Development Board (NFDB) under Ministry of Fisheries, Animal Husbandry & Dairying, Government of India has entered into an MoU with Punjab National Bank, the premier Bank in the country, to extend financial assistance through the Bank.

Detailed explanation-3: -Punjab National Bank acquired New Bank of India in 1993. The only other nationalized bank merged with another-except for State Bank of India with its associate banks-was the merger of Bharatiya Mahila Bank with State Bank of India in 2017.

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