Which Indian bank had tied up with National Scheduled Castes Finance and Development Corporation (NSFDC) for assisting SC families?

Bank of India

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Punjab National Bank

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State Bank of India

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Dena Bank

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Solution

The correct option is C Punjab National Bank
The Punjab National Bank (PNB) and National Scheduled Castes Finance and Development Corporation (NSFDC) had tied up to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL). Under this tie-up, PNB would act as a channelizing agent for the loan schemes of NSFDC. Concessional finance and skill training grants would be provided to unemployed SC persons living below Double Poverty Line.

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