CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has partnered with Assam Rifles to provide Central Forces Salary Package to all personnel of the force?
A
Union Bank of India
B
State Bank of India
C
Punjab National Bank
D
Bank of Baroda
Explanation: 

Detailed explanation-1: -Under the agreement, Bank of Baroda will offer the Baroda Central Forces Salary Package to all personnel of the Assam Rifles, both serving and retired. Further, the Bank will also provide special benefits, including Personal Accident Insurance and a co-branded credit card.

Detailed explanation-2: -The Assam Rifles Salary After Training is Rs. 2,16,000 to Rs. 8,29,200/- per annum.

Detailed explanation-3: -This project conceived by Assam Rifles in collaboration with Axis Bank & NIEDO for under privileged children of South Arunachal Pradesh is the first of its kind.

Detailed explanation-4: -The average Central Armed Police Forces salary ranges from approximately ₹2.9 Lakhs per year for a Police Constable to ₹12.7 Lakhs per year for a Assistant Commandant.

Detailed explanation-5: -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.

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