MoU between Indian Army & PNB

MoU between Indian Army & PNB

Question: Recently Memorandum of Understanding (MoU) between Indian Army & PNB is signed which aims to launch which of the following scheme?
(a) Rakshak Plus
(b) Antyodaya
(c) Jan Arogya Abhiyaan
(d) Make in India
Answer: (a)
Related facts:

  • On 8 January 2019,a Memorandum of Understanding (MoU) was signed between the Indian Army and PNB (Punjab National Bank) on the Defence Salary Package.
  • Adjutant General, Lt. Gen. Ashwani Kumar and Naveen Kumar headed the army and bank respectively.
  • It aims to launch ‘RAKSHAK PLUS’ Scheme for serving peers and veterans, providing cheque overdraft facility ranging from Rs. 75,000 to Rs. 3,00,000 multicity ‘At Par’ cheques, instant credit of outstation cheques , preferential allotment of lockers at authorized AMC (Access Control and Perimeter Protection Systems for Military Installations) & free SMS alerts.

Links:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=187348
https://www.raksha-anirveda.com/indian-army-pnb-sign-mou-for-defence-salary-package/