Question: Recently Bank of Maharashtra has made Malangaon village in the state completely cashless by opening Aadhaar-linked bank accounts for its residents, this village is located in which of the following district?
(a) Akola
(b) Dhule
(c) Kolhapur
(d) Sangli
Ans:(d)
Related facts:
- On 27 December 2016; Bank of Maharashtra has made Malangaon village in the state completely cashless by opening Aadhaar-linked bank accounts for its residents.
Malangaon village is located in Sangli districts of Maharashtra.
Malangaon, located 3.5 km away from the bank’s Shirdhon branch, has a population of about 4,500 and the main source of income is farming, specifically of grape.
Bank of Maharashtra is a major public sector bank in India. Government of India holds 81.61% of the total shares.
Reference:
http://indianexpress.com/article/india/bank-of-maharashtra-helps-village-go-fully-digital-4447666/
http://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-maharashtra-adopts-a-village-in-sangli-for-digital-transactions/articleshow/56200845.cms
http://money.livemint.com/news/company/news/bank-of-maharashtra-assists-malangaon-village-to-go-fully-digital-518105.aspx