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  • Question
  • Which bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?


  • Options
  • A. Canara Bank
  • B. Axis Bank
  • C. HDFC Bank
  • D. State Bank of India

  • Correct Answer
  • State Bank of India 

    Explanation
    On World Earth Day- April 22, 2019 the State Bank of India (SBI) has launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme 'Green Car Loan' will offer loan at 20 basis points lower than the interest rate on the existing car loan schemes. The scheme comes with the longest repayment period of up to 8 years. It is thus a strategic inclusion to SBI's auto loan segment that is offered with zero processing fee for the first 6 months of the launch. SBI has already notified 100% migration to EVs (Electric Vehicles) by 2030 in order to decrease carbon footprints, thus being in line with the government's pledge of ensuring 30% EVs on road by 2030.

  • More questions

    • 1. Which centre won an award for Outstanding Contribution to Gold Policy Research in 2017-18 at the 15th India International Gold Convention held in Kochi?

    • Options
    • A. India Gold Policy Centre (IGPC), IIM Ahmedabad
    • B. Centre for Research on Gold (CRG), IIT Madras
    • C. Indian Institute for Gold Policy (IIGP), IIM Kozhikode
    • D. Centre for Gold Policy Formulation (CGPF), IIM Mumbai
    • Discuss
    • 2. Scientists have developed a wireless 'in-body GPS' which helps to track tumours inside the body. It is named as;

    • Options
    • A. Delta
    • B. Atlas
    • C. ReMix
    • D. Atlas
    • Discuss
    • 3. Which bank launched India's first 'Green Car Loan' (Electric Vehicle) to encourage customers to buy electric vehicles?

    • Options
    • A. Canara Bank
    • B. Axis Bank
    • C. HDFC Bank
    • D. State Bank of India
    • Discuss
    • 4. Which of the following become the first national legislative body in the world to declare a climate change emergency?

    • Options
    • A. Mexico
    • B. Italy
    • C. UK
    • D. India
    • Discuss
    • 5. When did the Rajasthan Diwas was observed?

    • Options
    • A. 29th March
    • B. 1st April
    • C. 30th March
    • D. 31st Mmarch
    • Discuss
    • 6. Which nation withdrews its nuclear agreement from JCPOA?

    • Options
    • A. Germany
    • B. Russia
    • C. Iran
    • D. France
    • Discuss
    • 7. Who has discovered an Earth-sized planet, HD 21749b using Transiting Exoplanet Survey Satellite?

    • Options
    • A. ISRO
    • B. NASA
    • C. SpaceX
    • D. JAXA
    • Discuss
    • 8. Name the Japanese unmanned spacecraft, that probes Asteroid Ryugu and discoverd small amount of minerals containing water on the surface of the asteroid?

    • Options
    • A. Hiten
    • B. Hayabusa2
    • C. Akatsuki
    • D. SELENE
    • Discuss
    • 9. Which of the following is the first Artificial Intelligence (AI) powered robot to fly in Space, which made an interaction with the spacefaring crew of International Space Station?

    • Options
    • A. CIMON
    • B. SFIB
    • C. RAID
    • D. IE
    • Discuss
    • 10. How much percent of life insurer's premium income was grown for the year 2019, as per Insurance Regulatory and Development Authority of India (IRDAI)?

    • Options
    • A. 15%
    • B. 14%
    • C. 13%
    • D. 11%
    • Discuss


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