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Which bank has recently signed a Memorandum of Understanding (MoU) with Indian Army on the Defence Salary Package?
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- State Bank of India
- Punjab National Bank
- Bank of Baroda
- Allahabad Bank
Correct Option: A
SBI signed an MoU with the Indian Army which revised its first MoU which was signed in 2011. This will benefit 19.5 lakh army pensioners and 10 lakh serving personnel in army.