Q. Which Indian bank will set up 100 digital villages across the country?
Answer: Vijaya Bank
Notes: The Vijaya Bank will set up 100 digital villages in various States of the country as part of its initiative to promote digital banking among the rural population. It is the only public sector financial institution to develop digital villages with focus on rural areas and it has already developed five villages including the one in Guntur district. In those villages, the bank will provide Internet, free Wi-Fi connectivity, mobile payment facilities, ATM cards, online banking and others besides educating the villagers through door-to-door campaign. The bank will also open bank accounts to all the eligible villagers including children and encourage them to make transactions digitally.
This question is part of Current Affairs Daily 20 MCQ Series Course on GKToday Android app.
