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  • Question
  • Which bank raised Rs.660 crore by selling shares to employees under Employee Share Purchase Scheme (ESPS)?


  • Options
  • A. Syndicate Bank
  • B. Punjab National Bank
  • C. Union Bank of India
  • D. Bank of India

  • Correct Answer
  • Bank of India 

    Explanation
    State-owned Bank of India (BoI) raised Rs.660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS). The bank issued 6,25,52,188 shares of Rs.10 each to eligible employees. The Bank offered a discount of 24.28% on the applicable price to the employees and about 94.70% of total employees participated.

  • More questions

    • 1. The Election Commission has appointed ex-Bihar chief electoral officer Ajay V Nayak as Special Observer for which state?

    • Options
    • A. West Bengal
    • B. Uttar Pradesh
    • C. Tamil Nadu
    • D. Madhya Pradesh
    • Discuss
    • 2. NABARD has announced Rs __________ crore capital fund for rural agricultural start-ups.

    • Options
    • A. 800
    • B. 500
    • C. 630
    • D. 700
    • Discuss
    • 3. ISRO and __________ signed an agreement to set up a joint maritime surveillance system.

    • Options
    • A. JAXA
    • B. CNES
    • C. NASA
    • D. SpaceX
    • Discuss
    • 4. Who among the following was awarded with the highest US civilian honour?

    • Options
    • A. Tiger Woods
    • B. Serena Williams
    • C. Michael Jordan
    • D. Dwayne Johnson
    • Discuss
    • 5. Scientists have developed a device named WAND that works like a Pacemaker for which this part of the body?

    • Options
    • A. Brain
    • B. Heart
    • C. Lungs
    • D. Liver
    • Discuss
    • 6. Which of the following Indian Movie won best cinematography at 2019 Beijing International Film Festival?

    • Options
    • A. Sanju
    • B. Bhayanakam
    • C. 2.0
    • D. Badhaai Ho
    • Discuss
    • 7. Name the Veteran actor who passed away in Canada at the age of 81.

    • Options
    • A. Shakti Kapoor
    • B. Kader Khan
    • C. Amrish Puri
    • D. Johnny Lever
    • Discuss
    • 8. This party won majority seats in the Uttarakhand Legislative Assembly Elections 2017.

    • Options
    • A. Bahujan Samaj Party
    • B. Samajwadi Party
    • C. Bharatiya Janata Party
    • D. Aam Aadmi Party
    • Discuss
    • 9. Which organisation joins hands with Welingkar Institute of Management to support startups in exports?

    • Options
    • A. FIEO
    • B. FICCI
    • C. IRDA
    • D. BIS
    • Discuss
    • 10. Recently, Indian Army carried an annual exercise named __________ in Nashik.

    • Options
    • A. Yudh Abhyas XIV
    • B. Topchi
    • C. Indra X
    • D. Maitree 2019
    • Discuss


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