Question 1314
Which of the following banks has signed a MoU with Assam Rifles and National Integrity and Educational Development Organization (NIEDO) to establish a Centre of Excellence in Nagaland?
Answer
Axis Bank
Why?
The correct answer is ‘Axis Bank’ Key Points Assam Rifles, Axis Bank and National Integrity and Educational Development Organization (NIEDO) have signed a Memorandum of Understanding (MoU) to establish a Centre of Excellence and Wellness, to secure a better future for the youth of Nagaland. The programme would mentor and guide children and aid their future growth story as well as provide value-based education. It includes soft skills training, critical life competencies, leadership training, personal conditioning, wellness programs, vocational training, personality development, and end-to-end grooming to aid them in becoming a productive human resources for the nation. The center named ‘Late Capt N Kenguruse, MVC Centre of Excellence and Wellness’ will be located at Chieswema on the outskirts of Kohima. The project has been conceptualized as a year-long fully residential coaching and mentoring facility for students from economically weaker and underprivileged sections of Nagaland to prepare them for competitive examinations. It is expected to be fully functional for the first batch of 30 students by the first week of July 2022.
