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Question

Which of the following banks signed a Memorandum of Understanding with the Indo-Tibetan Border Police in February 2025 for providing financial and insurance benefits?

The correct answer is
Punjab National Bank

ITBP MoU with Punjab National Bank

In February 2025, the Indo-Tibetan Border Police (ITBP) entered into a Memorandum of Understanding (MoU) with Punjab National Bank.

The primary objective of this MoU is to offer specialized financial and insurance benefits to the personnel of the ITBP.

This agreement aims to provide convenient access to banking services and financial security tailored for the needs of ITBP members.

Therefore, Punjab National Bank is the institution that signed the MoU with ITBP for these benefits.

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Important Questions from Agreements and MoU

  1. Reciprocal Provision of Supplies and Services Agreement has been signed by India and which of the following countries?
  2. Which two companies signed a Joint Venture Cooperation Agreement (JVCA) for the production of HAMMER smart precision guided Air-to-Ground weapons in India in November 2025?
  3. In 2025, Saudi Arabia signed a major security agreement with which country to strengthen military cooperation amid regional tensions?
  4. In July 2025, which of the following firms entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the insurance market in India?

  5. Which company signed an MoU with the Aeronautical Development Agency (ADA) during Aero India 2025, for the development of Flight Control Actuators for the AMCA programme?
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