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    Question

    Which public sector bank has tied up a MoU with the

    Border Security Force to provide solutions for financial security to BSF personnel through the Central Armed Police Salary Package Scheme?
    A State Bank of India Correct Answer Incorrect Answer
    B Punjab National Bank Correct Answer Incorrect Answer
    C Bank of Maharashtra Correct Answer Incorrect Answer
    D Union Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State Bank of India has tied up a MoU with the Border Security Force to provide solutions for financial security to BSF personnel through the Central Armed Police Salary Package Scheme. The MoU will offer a bouquet of benefits to the serving security forces, retired personnel as well as family pensioners. These may include complimentary Personal and Air Accidental Insurance (Death) cover, additional cover in case of on-duty death, and Permanent Total Disability / Partial Disability cover, support in child education and the marriage of girl children of deceased BSF personnel among other benefits.

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