Bank of Baroda Unveils 'bob Women Sapphire' Savings Account with Health Benefits

Bank of Baroda (BoB) has launched the 'bob Women Sapphire' account, a dedicated savings product designed specifically for female customers.
The account provides a unique health benefit of ₹10 lakh cancer care coverage for women in the age group of 18–60 years.
Account holders are required to maintain a Monthly Average Balance (MAB) of ₹1 lakh to avail of lifestyle privileges and insurance perks.
Customers will receive a specialized 'bob Bhoomi' RuPay Select Debit Card as part of the account's benefit package.
Exam Perspective: This initiative reflects the growing trend of gender-based financial products aimed at enhancing financial inclusion and wellness support for women.

Key Facts / Static GK

Bank of Baroda Headquarters: Vadodara, Gujarat
BoB Slogan: India's International Bank
NCMC: National Common Mobility Card

Q Practice Quiz — 12 March 2026

1. Who announced the formation of the high-level expert group to design the technology roadmap for India's securities market ecosystem?

A Madhabi Puri Buch

B Tuhin Kanta Pandey

C Shaktikanta Das

D Ajay Tyagi

E Ashish Chauhan

Explanation: Tuhin Kanta Pandey, the Chairman of SEBI (as cited in the report), made the announcement during an event celebrating 30 years of the Nifty 50.

2. According to the updated RBI guidelines on Counterparty Credit Risk (CCR), what is the prescribed risk weight for trade exposures to Qualifying Central Counterparties (QCCPs)?

A 1%

B 2%

C 5%

D 10%

E 20%

Explanation: The RBI has mandated a risk weight of 2% for trade exposure to Qualifying Central Counterparties (QCCPs).

3. What is the specific cancer care coverage amount provided to account holders of the 'bob Women Sapphire' Savings Account?

A ₹2 lakh

B ₹5 lakh

C ₹10 lakh

D ₹15 lakh

E ₹20 lakh

Explanation: The 'bob Women Sapphire' account offers ₹10 lakh cancer care coverage for women aged between 18 and 60 years.

4. Which of the following statements is true regarding the restructuring of the Jal Jeevan Mission?

A It has been extended until 2030.

B The focus has shifted from service delivery to infrastructure creation.

C It is now known as JJM 2.0 with a focus on sustainable water governance.

D The total outlay for the mission is ₹3.59 lakh crore.

E The nodal ministry is the Ministry of Rural Development.

Explanation: The Jal Jeevan Mission has been restructured as JJM 2.0, moving the focus from infrastructure creation to sustainable service delivery and water governance.

5. Which airport in Tamil Nadu was recently designated as an 'International Airport' by the Union Cabinet?

A Coimbatore Airport

B Trichy Airport

C Madurai Airport

D Salem Airport

E Tuticorin Airport

Explanation: The Union Cabinet approved the declaration of Madurai Airport as an International Airport to support tourism and regional connectivity.

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