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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. Name the country which has agreed to strengthen economic co-operation with India.

    • Options
    • A. Japan
    • B. US
    • C. Netherland
    • D. Russia
    • Discuss
    • 2. Name the country which won the Sultan Azlan Shah Cup 2019.

    • Options
    • A. Malaysia
    • B. India
    • C. South Korea
    • D. Canada
    • Discuss
    • 3. Which of the following movies won the 74th Golden Globes Best Motion Picture Award in the Drama category?

    • Options
    • A. La La Land
    • B. Moonlight
    • C. Nocturnal Animals
    • D. Fences
    • Discuss
    • 4. Which bank has reduced its benchmark lending rate by 0.05% points?

    • Options
    • A. Syndicate Bank
    • B. Union Bank of India
    • C. Allahabad Bank
    • D. Bank of India
    • Discuss
    • 5. The Union Government in recent past revised the Mode of Moderation and Memorandum of Understanding to establish the Border Haats with this country.

    • Options
    • A. Myanmar
    • B. Nepal
    • C. Bangladesh
    • D. Sri Lanka
    • Discuss
    • 6. Former Union Minister, Akhilesh Das Gupta passed away in Lucknow, Uttar Pradesh on 12 April 2017, after suffering from a heart attack. Which party did he serve under in the government?

    • Options
    • A. Bharatiya Janata Party
    • B. Congress Party
    • C. Samajwadi Party
    • D. Bahujan Samajh Party
    • Discuss
    • 7. Which film has won the Golden Bear Award at the 67th Berlin International Film Festival-2017?

    • Options
    • A. Bright Nights
    • B. The Other Side of Hope
    • C. On Body and Soul
    • D. Close Knit
    • Discuss
    • 8. Who is the author of the book "Mr and Mrs Jinnah: The Marriage that Shook India"?

    • Options
    • A. Teesta Setalvad
    • B. Bertil Falk
    • C. Sheela Redddy
    • D. Audrey Truschke
    • Discuss
    • 9. Name the Bank which became the second largest public sector undertaking (PSU) bank.

    • Options
    • A. Axis Bank
    • B. Bank of Baroda
    • C. Union Bank of India
    • D. Dena Bank
    • Discuss
    • 10. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by

    • Options
    • A. 2021
    • B. 2022
    • C. 2023
    • D. 2024
    • Discuss


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