![Bank of India launched the 'Nari Shakti Savings Account' Bank of India launched the 'Nari Shakti Savings Account'](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiX2UfFjyDhS0ARnW-SVcJiAc-3qWhyphenhyphen4bB2EzmjBnVahFjxRDcu0-PCCPJHIa8eqWP-L6jlETkOFAXvjK6asKBRSjmVOO71gVpyrqtEvVQZ_QBrUMmWUISAFmn3XcpfFd_ApxDNLBF72jGohBGeCNehmtAjxYpZH1TlrYwPagVejVCPR_HcYtIrGNuQFRe-/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(2).png)
- Here are some key features and benefits of the ‘Nari Shakti Savings Account’:
- It offers personal accident insurance coverage up to Rs. 100 lakhs.
- It provides discounted health insurance and wellness products.
- It offers attractive locker facility rebates for Gold and Diamond SB A/C holders, and free facilities for Platinum SB A/C holders.
- It provides free credit card issuance, a higher usage limit of up to Rs. 5.00 lakh on point-of-sale (POS) transactions, and a concessional interest rate on retail loans.
- For each new Nari Shakti Account opened, the bank will contribute Rs. 10 to the CSR fund, which will be used to support the socio-economic development of underprivileged women and the girl child.
- The account can be opened at all 5132 domestic branches and also through digital platforms.
- On a savings account balance of up to Rs 1.00 lakhs, the bank is offering an interest rate of 2.75%. For a savings account balance of above Rs 1.00 lakhs, the bank is promising an interest rate of 2.90%.
Question:
Q.1 Who launched the ‘Nari Shakti Savings Account’?a. The Finance Minister of India
b. The MD & CEO of the Bank of India
c. The President of India
d. The RBI Governor