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Question

In Aug 2020, which of the following banks has launched Shaurya Kisan gold card (KGC) for defence personnel?

The correct answer is

HDFC Bank

Understanding Shaurya Kisan Gold Card for Defence Personnel

In August 2020, a specific bank launched a special credit product called the Shaurya Kisan Gold Card, tailored for defence personnel. This card is designed to meet the agricultural requirements of those serving or who have served in the Indian armed forces.

The initiative aimed to provide financial support to defence personnel and their families involved in farming activities, making credit easily accessible for their agricultural needs.

Looking at the options provided and the context of the question about the Shaurya Kisan Gold Card launched in August 2020 for defence personnel, the bank responsible for this launch was:

  • Axis Bank
  • SBI
  • Bank of Baroda
  • HDFC Bank
  • ICICI Bank

Based on the information available regarding banking products launched in that period, HDFC Bank was the bank that launched the Shaurya Kisan Gold Card (KGC) for defence personnel in August 2020.

The Shaurya KGC product is based on the Kisan Credit Card guidelines and is designed to offer financial assistance for crop cultivation, post-harvest expenses, farm maintenance, and other agricultural needs of defence personnel who are engaged in farming.

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Important Questions from Miscellaneous

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    2. Distance between the longitudes is maximum on the Equator.

    3. Number of longitudes is more than number of latitudes.

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