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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. Lucknow
    • B. Mumbai
    • C. Chennai
    • D. Delhi
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    • 2. Who is the recipient of K.Veeramani Award for Social Justice 2018?

    • Options
    • A. Nitish Kumar
    • B. Veera Munusam
    • C. S T Moorthy
    • D. P S Krishnan
    • Discuss
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    • Options
    • A. Chutney
    • B. That Day after Every Day
    • C. Positive
    • D. Magical Piano
    • Discuss
    • 4. Union Minister Ananth Kumar passed away recently, He was the former minister of which of the following department?

    • Options
    • A. Road Transport and Highways
    • B. Housing and Urban Affairs
    • C. Civil Aviation
    • D. Chemicals and Fertilizers
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    • 5. Who is selected as the 14th President of India?

    • Options
    • A. Ram Nath Kovind
    • B. Suresh Kumar
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    • 6. Recently 'rain-loving' snake is discovered in which of the following Indian state?

    • Options
    • A. West Bengal
    • B. Chhattisgarh
    • C. Arunachal Pradesh
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    • Options
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    • B. Vietnam
    • C. Thailand
    • D. Malaysia
    • Discuss
    • 8. What is the position of India in the Startup Ecosystem Ranking for 2019?

    • Options
    • A. 51
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    • C. 17
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    • Options
    • A. 5
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    • C. 3
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    • 10. The President of the United States imposes stricter sanctions on this country's metal industry.

    • Options
    • A. Germany
    • B. India
    • C. Japan
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