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ExamsIBPS POGeneral Awareness

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?

  1. Indian Bank
  2. Bank of Baroda
  3. Bank of India
  4. 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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