New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following combination of three bank

    allowed by government to provide financial services in overseas procurement done by the department?
    A HDFC Bank, ICICI Bank, & State Bank of India Correct Answer Incorrect Answer
    B State Bank of India, Axis Bank & HDFC Bank Correct Answer Incorrect Answer
    C ICICI Bank, Axis Bank & State Bank of India Correct Answer Incorrect Answer
    D HDFC Bank, Axis Bank and ICICI Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Ministry of Defence has allowed HDFC Bank, Axis Bank, and ICICI Bank to provide financial services in overseas procurement done by the department, a first after the Centre opened up allocation of government business for private banks.

    Practice Next

    Relevant for Exams: