2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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5
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11
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10
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15
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Detailed explanation-1: -The Indian Army has signed historic MoU with 11 Banks viz State Bank of India, Punjab National Bank, Bank of Baroda, IDBI Bank, ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, Kotak Mahindra Bank, IDFC First Bank and Bandhan Bank for providing banking facilities to Agniveers on enrollment.
Detailed explanation-2: -Detailed Solution. The correct answer is Bank of Baroda. Under the MOU bank would offer customized services along with facilities to the account holders.
Detailed explanation-3: -The correct answer is Axis Bank. Axis Bank has signed an MoU with the Indian Navy, offering a defence service salary package. Through the exclusive defence service salary package–Power Salute–Axis Bank will offer numerous benefits to all ranks of the Indian Navy, veterans and cadets.
Detailed explanation-4: -The MoU was signed by Lt. Gen. Ravin Khosla (AVSM, SM, VSM), DG (MP & PS), Indian Army, and Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank, in New Delhi.
Detailed explanation-5: -Total Amount to be given as Seva Nidhi Package after 4 years service (one time): Rs. 11.71 Lakh. 25% of Agniveer candidates will later on become the part of regular cadre of Armed forces.