In June 2020 launched lsquo Suraksha Salary Account rsquo for Micro Small and Medium Enterprises MSM...........

Static GK (MTS) Banking Awareness

In June 2020, ______ launched ‘Suraksha Salary Account’ for Micro, Small and Medium Enterprises (MSME) to enable them to make cashless payments and provide a financial security blanket to their employees.

This questions was previously asked in

SSC MTS 22nd October 2021 Shift-3

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Airtel Payments Bank

Paytm Payment Bank

Fino Payment Bank

India Post Payment Bank

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Explanation:

Correct option 1: Airtel Payments Bank

?In June 2020, Airtel Payments Bank launched the ‘Suraksha Salary Account’ specifically for Micro, Small, and Medium Enterprises (MSMEs). This initiative aimed to facilitate cashless salary payments and provide financial security to employees, particularly in the informal sector.