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Static GKMedium

The motto Yogakshemam Vahamyaham, meaning your welfare is our responsibility, belongs to:

  1. A.Reserve Bank of India
  2. B.Life Insurance Corporation of India
  3. C.National Insurance Company
  4. D.Employees' Provident Fund Organisation

Correct answer

B. Life Insurance Corporation of India

Explanation

The correct answer is B, the Life Insurance Corporation of India. LIC, created by an Act of Parliament in 1956 when life insurance in India was nationalised, carries the Sanskrit motto Yogakshemam Vahamyaham, taken from the Bhagavad Gita and usually rendered as your welfare is our responsibility. Option A is wrong because the Reserve Bank of India, as the central bank and regulator, uses no commercial tagline; its emblem carries a palm tree and a tiger. Option C is wrong because National Insurance Company is a general insurer with its own separate branding. Option D is wrong because the Employees' Provident Fund Organisation administers provident fund, pension and insurance for organised sector workers and has no such Sanskrit motto. A Sanskrit line in this chapter almost always belongs to a statutory body, a force or a broadcaster.

Read the full article: Banks, Companies and Their Taglines: Static GK List

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Q1.Static GKMedium

The tagline The Name You Can Bank Upon belongs to which bank?

  1. A.Punjab National Bank
  2. B.Punjab and Sind Bank
  3. C.Indian Bank
  4. D.UCO Bank
Show answer
Correct answer: A. Punjab National Bank

Explanation

The correct answer is A, Punjab National Bank. Punjab National Bank, founded at Lahore in 1894 and the first Indian bank started wholly with Indian capital, uses the line The Name You Can Bank Upon, which plays on the word bank as both a noun and a verb. Option B is wrong because Punjab and Sind Bank, a separate public sector bank with its head office in New Delhi, uses Where Service Is a Way of Life, and the similarity of the two names is exactly what the question is testing. Option C is wrong because Indian Bank uses Your Own Bank. Option D is wrong because UCO Bank, formerly the United Commercial Bank of Kolkata, uses Honours Your Trust. When two bank names share a word, check the tagline rather than the name, because paper setters group them deliberately.

Q2.Static GKMedium

Which bank is known by the tagline India's International Bank?

  1. A.State Bank of India
  2. B.Bank of Baroda
  3. C.Bank of India
  4. D.Canara Bank
Show answer
Correct answer: B. Bank of Baroda

Explanation

The correct answer is B, Bank of Baroda. Bank of Baroda, founded in 1908 by Maharaja Sayajirao Gaekwad III of Baroda, calls itself India's International Bank because it has long carried the widest network of overseas branches among Indian public sector banks. Option A is wrong because the State Bank of India uses The Banker to Every Indian, having earlier used Pure Banking, Nothing Else and With You - All the Way. Option C is wrong because Bank of India, although it too has a sizeable foreign presence, uses Relationships Beyond Banking, and the closeness of the two names makes it the standard trap in this question. Option D is wrong because Canara Bank, founded at Mangaluru, uses Together We Can, a line that puts the bank's own name inside the slogan.

Q3.Static GKMedium

Together We Can is the tagline of which bank?

  1. A.Canara Bank
  2. B.Corporation Bank
  3. C.Union Bank of India
  4. D.Central Bank of India
Show answer
Correct answer: A. Canara Bank

Explanation

The correct answer is A, Canara Bank. Canara Bank, founded at Mangaluru in 1906 by Ammembal Subba Rao Pai, uses Together We Can, and the line is easy to fix in memory because the last word repeats the bank's own name. Option B is wrong because Corporation Bank, which was merged into Union Bank of India, had used Prosperity for All. Option C is wrong because Union Bank of India uses Good People to Bank With, a line often swapped with Indian Overseas Bank's Good People to Grow With. Option D is wrong because Central Bank of India uses Central to You Since 1911, the year it was founded in Mumbai by Sir Sorabji Pochkhanawala as the first Indian commercial bank wholly owned and managed by Indians. Learn such lines in groups of look-alikes, since that is how distractors are built.

Q4.Static GKMedium

The tagline Good People to Bank With is used by:

  1. A.Indian Overseas Bank
  2. B.Union Bank of India
  3. C.Bank of Maharashtra
  4. D.Indian Bank
Show answer
Correct answer: B. Union Bank of India

Explanation

The correct answer is B, Union Bank of India. Union Bank of India, which was inaugurated at Mumbai in 1919 by Mahatma Gandhi, uses Good People to Bank With. Option A is wrong, and it is the whole point of the question: Indian Overseas Bank uses the almost identical Good People to Grow With, so the two must be learnt as a pair, with bank for Union Bank and grow for Indian Overseas Bank. Option C is wrong because Bank of Maharashtra uses One Family One Bank. Option D is wrong because Indian Bank uses Your Own Bank. Questions of this kind reward candidates who revise by similarity rather than alphabetically, because a paper setter will never place four unrelated lines in one question when two near-identical ones are available.

Q5.Static GKMedium

Relationships Beyond Banking is the tagline of:

  1. A.Bank of India
  2. B.Bank of Baroda
  3. C.HDFC Bank
  4. D.Federal Bank
Show answer
Correct answer: A. Bank of India

Explanation

The correct answer is A, Bank of India. Bank of India, founded at Mumbai in 1906 by a group of businessmen and nationalised in 1969, uses Relationships Beyond Banking. Option B is wrong because Bank of Baroda uses India's International Bank, and the pair Bank of India against Bank of Baroda is one of the most frequently set confusions in this chapter. Option C is wrong because HDFC Bank uses We Understand Your World. Option D is wrong because Federal Bank, a private bank based at Aluva in Kerala, uses Your Perfect Banking Partner. A useful memory hook is that the word relationship carries the sense of a bank that does more than take deposits, which is how Bank of India has positioned itself since the line was adopted.