CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank launched new gold loan scheme?
A
KVGB
B
PNB
C
SDB
D
None of these
Explanation: 

Detailed explanation-1: -The borrower must deliver the gold to the lender in the form of coins or jewellery, or to obtain a gold loan. One can get up to 75 % of the value of the gold articles pledged as a loan sum. Any Indian citizen who owns gold articles may apply for gold loans.

Detailed explanation-2: -Union Bank of India gold loan interest rate 2022 7.75% p.a.

There is 1 question to complete.