Question Bank - Banking & Financial Services

Here's the question bank on all the banking & financial services topics.

Which of the following banks has launched œSmartUp for startups?

A.
Punjab National Bank
B.
State Bank of India
C.
HDFC Bank
D.
Mysore Bank

Solution:

The correct answer is HDFC Bank. The "SmartUp" program was launched by HDFC Bank in the year 2018. It is an online mentoring platform that was launched for banking start-ups. Under this program, HDFC is working to promote entrepreneurship. ?Additional InformationPunjab National Bank -It is a major and old bank of India. It is a scheduled bank. It was started in Lahore on 12 April 1895 with a working capital of only 20 thousand. State Bank of India -It is an Indian multinational, public sector bank. It was founded in 1806 via the Imperial Bank of India. Headquarters:- Mumbai. Mysore Bank -The State Bank of Mysore was a nationalized bank in India, headquartered in Bengaluru. It was one of the five associate banks of the State Bank of India. HDFC Bank -It is an Indian banking and financial services company. It is headquartered in Mumbai. The bank is India's largest private sector bank by wealth.

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