Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.10)

10. 

Which of the following company has signed an agreement with Bank of Baroda to be the preferred financier for its dealers and consumers?

[A]. Ashok Leyland
[B]. Tata Motors
[C]. Hyundai Motor India
[D]. Mahindra & Mahindra

Answer: Option C

Explanation:

Hyundai Motor India Ltd (HMIL) has signed an agreement with Bank of Baroda to be the preferred financier for its dealers and consumers. Under the agreement, the bank will provide detailed financing structure for both dealers and consumers. Dealer financing will be done as per the bank's existing product program of supply chain finance.

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