Bissoy.com
Doctors Medicines MCQs Q&A

  1. Axis Bank
  2. Karnataka Bank
  3. Bank of India
  4. Indian Bank
  5. Kotak Mahindra Bank
4 views

1 Answers

Option 2 : Karnataka Bank

  • Karnataka Bank has entered into a Memorandum of Understanding with Bharti AXA Life Insurance Company to distribute the latter’s life insurance products.
  • This is the third similar tie-up by the Bank after with PNB Metlife India Insurance Company Ltd and LIC.
  • The bank will be able to provide a wide choice of life insurance products to its customers across 836 branches.
4 views

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Textiles maker Arvind Ltd. is planning to invest Rs. 500 crore per annum for the next 4-5 years with an aim to double revenue from its textile business to Rs. 12,000 crore. The company is in the process of de-merging its brands and engineering businesses into separate entities.  Courses of action: I. The company is looking dramatic ramp up in garmenting (making garments from fabrics) from 10 per cent at present to 50 per cent over time. A big chunk of this planned investment will be for garmenting. II. The company will be looking at developing 3 large garment clusters in Jharkhand, Andhra Pradesh and Gujarat. Each of these clusters will employ 4,000-8,000 workers.  III. The company is planning to double its textile business from Rs. 6,000 crore to Rs. 12,000 crore in 5 years time. It plans to invest Rs. 500 crore every year for the next five years to expand its textile business.?
1 Answers 4 Views