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Which bank recently launched a digital platform for opening National Pension System (NPS) accounts using mobile phones along with Pension Fund Regulatory and Development Authority?
- Indian Bank
- Bank of Baroda
- Bank of India
- Union Bank of India
Correct answer: Bank of India
Solution
Bank of India partnered with PFRDA to make NPS enrolment easier through a mobile-based digital platform. This allows customers to open pension accounts in a paperless and convenient way.
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