What is the new wholly-owned subsidiary set up by Punjab National Bank to manage its credit card business?

1. 

What is the new wholly-owned subsidiary set up by Punjab National Bank to manage its credit card business?
[A]. PNB Credit Cards Freedom Ltd
[B]. PNB Card Elite
[C]. PNB Cards & Services Ltd
[D]. PNB Cards Ltd

Answer: Option C

Explanation:

State-run Punjab National Bank (PNB) has set up a wholly-owned subsidiary namely "PNB Cards & Services Ltd" to manage its credit card business.

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