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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 union minister has launched PowerTex India scheme to boost powerloom sector?

    • Options
    • A. Narendra Modi
    • B. Smriti Irani
    • C. Rajnath Singh
    • D. Arun Jaitley
    • Discuss
    • 2. The Union Cabinet recently approved an MoU signed in the field of Cyber Security. The MoU was signed with which of the following countries?

    • Options
    • A. The United States of America
    • B. Britain
    • C. Switzerland
    • D. Germany
    • Discuss
    • 3. Rana Kanwar Pal was elected as the Speaker of the Legislative Assembly of

    • Options
    • A. Uttar Pradesh
    • B. Punjab
    • C. Goa
    • D. Manipur
    • Discuss
    • 4. Abhishek Verma won the gold medal at __________ air pistol in the ISSF World Cup.

    • Options
    • A. 10m
    • B. 20m
    • C. 30m
    • D. 50m
    • Discuss
    • 5. Noted agriculturalist Nel Jayaraman passed away recently. He belongs to which state?

    • Options
    • A. Karnataka
    • B. Andra Pradesh
    • C. Kerala
    • D. Tamil Nadu
    • Discuss
    • 6. By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?

    • Options
    • A. 12.24%
    • B. 12.54%
    • C. 13.24%
    • D. 13.54%
    • Discuss
    • 7. EV charging stations to be established in which Indian city?

    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss
    • 8. Union government launched the Blue Revolution programme at a total expenditure of what amount?

    • Options
    • A. Rs 48000 lakh
    • B. Rs 52000 lakh
    • C. Rs 55000 lakh
    • D. Rs 62000 lakh
    • Discuss
    • 9. Union Minister for Urban development and housing M. Venkaiah Naidu launched which of the following app with MSEFC portal?

    • Options
    • A. MyMSME
    • B. MKisan
    • C. MEAIndia
    • D. mKavach
    • Discuss
    • 10. Who has been appointed as the Member of the Commonwealth Secretariat Arbitral Tribunal of London?

    • Options
    • A. Anantkumar Surendraray Dave
    • B. K. G. Balakrishnan
    • C. K. S. Radhakrishna Panicker
    • D. S. J. Mukhopadhaya
    • Discuss


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