Question
Which of the following statements about Kotak Mahindra
Bank's 'Smart Choice Gold Loan' is/are incorrect? 1. Kotak Mahindra Bank introduced 'Smart Choice Gold Loan' for customers. 2. Unlike other credit products, gold loan has a stringent application and disbursal process. 3. Borrowers utilizing gold as collateral can enjoy lower interest rates compared to conventional credit.Solution
•   Kotak Mahindra Bank Ltd. (KMBL) has announced the introduction of ‘Smart Choice Gold Loan’ for customers. •   Unlike other credit products which have stringent eligibility criteria, gold loan has a simpler application and disbursal process. •   By utilising gold as a collateral, borrowers can enjoy lower interest rates compared with conventional credit, translating to savings during the course of the loan tenure.
Recently PM Narendra Modi inaugurated Jagadguru Shrisant Tukaram Maharaj Shila Mandir in____?
Urea is a —
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