CURRENT AFFAIRS

2023

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which bank has won the national award from Pension Fund Regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY) in November 2022?

A	State Bank of India
B	Karnataka Vikas Grameena Bank
C	Central Bank of India
D	Bank of India

Explanation:

Detailed explanation-1: -The correct answer is Canara Bank. Canara Bank sponsored the awards ceremony.

Detailed explanation-2: -KVG Bank gets award for Atal Pension Yojana enrolment.

Detailed explanation-3: -Canara Bank Atal Pension Yojana Eligibility Criteria Canara Bank Atal Pension Yojana is open to all canara bank account holders. The Central Government assures a 50% co-contribution or Rs. 1000 per annum, whichever is lower, towards each Atal Pension Yojana account, for every eligible subscriber account.

Detailed explanation-4: -Dileep Vishwakarma. Notes: Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Canara Bank, has bagged six national awards for outstanding achievement in enrolment of Atal Pension Yojana (APY).

There is 1 question to complete.