Question: A Memorandum of Understanding was recently signed between the Haryana Government and the Punjab National Bank for what purpose?
(a) Loan for irrigation projects in the state
(b) To improve the transport system in the state
(c) To provide loans to the State Government employees
(d) To get loan for the construction of road projects in the state.
Ans: (c)
Related facts:-
- On March 30, 2017; a MoU was signed between Haryana Government and Public Sector Bank Punjab National Bank to provide loan to Haryana Government employees.
- Haryana is the first state in the country to sign MoU with a public sector bank.
- Under this agreement, the bank will provide home loans, auto loans, computer loans, marriage loans etc. to its employees in Haryana under its current credit plans.
- On this occasion, Zonal Manager of PNB Haryana Zone, A.K. Dargan in Chandigarh, handed over Rs 623 crore bank drafts to Haryana Chief Minister Manohar Lal Khattar.
- It includes home loan of Rs 450 crore of total outstanding principal, vehicle loan of Rs 86 crores and personal loan of Rs 87 crores.
Related Links:-
http://prharyana.gov.in/erelease.aspx?relid=6545
https://twitter.com/mlkhattar/status/847495602577354752
http://www.dailypioneer.com/state-editions/chandigarh/mou-signed-between-haryana-govt-pnb-for-loans-to-govt-employees.html
http://www.tribuneindia.com/news/haryana/governance/govt-pnb-sign-mou-on-employees-loan/384766.html