2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC
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IDFC
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SBI
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PNB
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Detailed explanation-1: -The correct answer is IDFC FIRST Bank. The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) FIRST Bank to initiate ‘Honour FIRST’. It is a premium banking solution for serving personnel and veterans of the Indian Navy.
Detailed explanation-2: -IDFC FIRST Bank signs up with Indian Navy to offer Honour FIRST banking solutions.
Detailed explanation-3: -HDFC Bank Ltd., signed an MoU with the Indian Navy to offer a salary account to Navy personnel.
Detailed explanation-4: -Personnel serving the Indian army, navy, air force, paramilitary, or its Veterans can open Honour FIRST Defence Account.
Detailed explanation-5: -Detailed Solution: The correct answer is Indian Bank. Indian Bank has signed an MoU with the Paralympic Committee of India (PCI) as one of the banking partners of the Paralympic Games. The games are scheduled to commence on August 24, 2021, in Tokyo, Japan.