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  • Question
  • Which bank has signed BEML Limited (Bharat Earth Movers Limited) for financing Earth Moving and Construction Equipment?


  • Options
  • A. Bank of Baroda
  • B. UCO Bank
  • C. Syndicate Bank
  • D. Punjab National Bank

  • Correct Answer
  • Syndicate Bank 

    Explanation
    Syndicate Bank and BEML Limited (Bharat Earth Movers Limited) have signed an agreement for financing Earth Moving and Construction Equipment which is manufactured by BEML. Also, it will facilitate the availability of loans and address the growing demand for higher capacity equipment in the Mining Industry.Under this agreement, the customers will be provided loans in the range of Rs 20 Lakh to Rs 300 Lakh and preferential pricing by Syndicate Bank. Also, Syndicate Bank and BEML expect to book business worth Rs.100 crore by March 2020.

  • More questions

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    • Options
    • A. 2021
    • B. 2022
    • C. 2023
    • D. 2024
    • Discuss
    • 2. Who is the author of the book "Feroze: the Forgotten Gandhi"?

    • Options
    • A. John Nicolsen
    • B. Bertil Falk
    • C. Shashi Tharoor
    • D. William Dalrymple
    • Discuss
    • 3. The book "Story of an Escape" was authored by whom?

    • Options
    • A. Konijeti Rosaiah
    • B. Govind Singh Gurjar
    • C. Surjit Singh Barnala
    • D. P S Ramamohan Rao
    • Discuss
    • 4. 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
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    • 5. 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
    • 6. Rana Kanwar Pal was elected as the Speaker of the Legislative Assembly of

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

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

    • Options
    • A. Karnataka
    • B. Andra Pradesh
    • C. Kerala
    • D. Tamil Nadu
    • Discuss
    • 9. 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%
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    • Options
    • A. Bengaluru
    • B. Kolkata
    • C. Chennai
    • D. Hyderabad
    • Discuss


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