State Bank of India (SBI) has opened an exclusive branch for startups at the Bandra Kurla Complex in Which City?

Varanasi

Hyderabad

Ahmedabad

Mumbai

Correct Answer : Option (D) - Mumbai

The State Bank of India (SBI), the country's largest lender, has opened an exclusive branch for startups at the Bandra Kurla Complex in Mumbai.

This is the fourth startup-focused branch and the first in Mumbai after Bengaluru, Chennai and Gurugram.

In Mumbai, the bank has entered into multiple memoranda of understanding with the Society for Innovation & Entrepreneurship (SINE) at IIT-Bombay, Centre for Incubation and Business Acceleration (CIBA), and S.P Jain Institute of Management & Research (SPJIMR).

The MoUs are aimed at providing a boost to the startup ecosystem in the region. "The primary aim of this branch is to provide end-to-end support to startups at every stage of their journey, starting from the formation of the entity to their IPOs and FPOs," said SBI chairman Dinesh Khara...

Source : Times of India

Published On : April 26, 2023

Category : Banking

Recent General Knowledge Questions

Q .

Who secured third place at the inaugural King Cup International Badminton Open in Bangkok?

Hu Zhe'an

Alex Lanier

Kidambi Srikanth

Lakshya Sen

Correct Answer : Lakshya Sen

* Lakshya Sen, the 23-year-old Indian badminton star from Almora, clinched third place at the King Cup International Badminton Open in Bangkok.

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Category : Sports

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Who broke the record for the fastest 200 wickets by an Indian in Test cricket?

Jasprit Bumrah

Ravindra Jadeja

Mohammed Shami

Ravichandran Ashwin

Correct Answer : Jasprit Bumrah

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* He surpassed the previous record held by Mohammed Shami. Bumrah's exceptional performance, including a standout display in the Boxing Day Test against Australia, helped him achieve this feat with remarkable efficiency. His average of 19.56 made him the first bowler to reach 200 wickets with a sub-20 average, further cementing his place among the best Test bowlers globally.

Published On : December 31, 2024

Category : Sports

Q .

What is the projected growth rate of the Indian economy for FY25 according to Deloitte?

6.5-6.8%

6.7-7.3%

7.0-7.5%

7.2-7.8%

Correct Answer : 6.5-6.8%

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* While challenges such as geopolitical tensions and global liquidity constraints may pose risks, India’s resilience in services, manufacturing exports, and stable capital markets provides a solid foundation for sustained economic growth.

Published On : December 31, 2024

Category : Indian Economy