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    Question

    State Bank of India has inked a memorandum of

    understanding (MOU) with the ________ Cooperative Milk Producers Union to provide loan to individual dairy farmers there.
    A Andaman and Nicobar Islands Correct Answer Incorrect Answer
    B Puducherry Correct Answer Incorrect Answer
    C Srinagar Correct Answer Incorrect Answer
    D Goa Correct Answer Incorrect Answer
    E Kavaratti Correct Answer Incorrect Answer

    Solution

    State Bank of India has inked a memorandum of understanding (MOU) with the Puducherry Cooperative Milk Producers Union (PONLAIT) to provide loan to individual dairy farmers there. The loan would be given under SAFAL (simple and fast agriculture loan) scheme of the bank. The amount of loan is up to a limit of Rs 3 lakh.

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