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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

    • 1. According to the report of United Nations' World Economic Situation and Prospects (WESP) 2019, what will be the growth rate of India for in 2019-20?

    • Options
    • A. 7.6%
    • B. 7.5%
    • C. 7.4%
    • D. 7.8%
    • Discuss
    • 2. Which country attends OIC Meet for 1st Time in Abu Dhabi?

    • Options
    • A. Brazil
    • B. Germany
    • C. Singapore
    • D. India
    • Discuss
    • 3. Name the world's rarest giant softshell turtle that passed away in Suzhou Zoo,China.

    • Options
    • A. Yangtze
    • B. Iberian
    • C. Coahuilan
    • D. Alpaca
    • Discuss
    • 4. Name the initiative launched by Microsoft to preserve traditional weaving forms in India.

    • Options
    • A. Weavedraft
    • B. WeaveIt
    • C. Antaran
    • D. ReWeave
    • Discuss
    • 5. Recently with which state governemet Renault Nissan settles tax dispute?

    • Options
    • A. Tamil Nadu
    • B. Kerala
    • C. Andra Pradesh
    • D. Haryana
    • Discuss
    • 6. Name the author of the book titled 'The Ocean at the End of the Lane' who was recently appointed as UNHCR Goodwill Ambassador.

    • Options
    • A. Salman Rushdie
    • B. Douglas Adams
    • C. Julian Barnes
    • D. Neil Gaiman
    • Discuss
    • 7. The book "The man who could never say No" has been authored by whom?

    • Options
    • A. N N Saxena
    • B. Vikram Seth
    • C. S Muthiah
    • D. Gopalkrishna Gandhi
    • Discuss
    • 8. Which movie has won the Best Film award in the 64th National Awards-2017?

    • Options
    • A. Rustom
    • B. Ventilator
    • C. Kasaav
    • D. Neerja
    • Discuss
    • 9. Which of the following initiation of the Rotary Club of Madras North provides sanitary napkins to the students?

    • Options
    • A. Project Suvidha
    • B. Project Puthuyugam
    • C. Project Sangini
    • D. Project Kannamma
    • Discuss
    • 10. Which team won the Women's World Twenty20 title?

    • Options
    • A. West Indies
    • B. Australia
    • C. England
    • D. New Zealand
    • Discuss


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