Current context: HDFC Bank and Common Service Centres (CSCs) launched ‘Small Business Money-Back Credit Card’.
- The credit card has been launched for small traders, village-level entrepreneurs (VLEs) and VLE- sourced customers
- The card will provide easy access to credit for day-to-day business expenses to them
- HDFC Bank and CSC has signed a pact in July 2018 in which the bank offered to provide products and services in remote locations to VLEs that are enrolled with CSCs
Common Service Centres (CSCs):
- CSCs acts as delivery points of various government and public utility services across the country
- There are about 3.6 lakh CSCs in the country with transacting the business of about Rs 70,000 crore
- The services provided include financial services, welfare schemes, health care, digital literacy etc.
Question:
HDFC and Common Service Centres (CSCs) launched which among the following for village-level entrepreneurs (VLEs)?
a. MSME Credit Card
b. Small Business Money-Back Credit Card
c. All Business Money-Back Credit Card
d. Small and Medium Business Money-Back Credit Card
a. MSME Credit Card
b. Small Business Money-Back Credit Card
c. All Business Money-Back Credit Card
d. Small and Medium Business Money-Back Credit Card