Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
| 1. | Which company partnered with Innoviti Payment Solutions Pvt. Ltd to launch the new credit card Equated Monthly Installments offering on POS terminals? |
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Answer: Option D Explanation: BOB Financial Solutions Limited partnered with Innoviti Payment Solutions Pvt. Ltd to launch New Credit Card Equated Monthly Installments(EMI) offering on Point of Sale(POS) terminals. The association of Bank of Baroda(BOB) Credit Card with Innoviti Payment Solutions will enable BOB credit card holders to access EMIs that can be repaid conveniently through their credit cards.
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| 2. | Which bank join hands with 3 insurers to Provide Individual Short-Term Corona Kavach Policy? |
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Answer: Option D Explanation: As part of a social commitment to compensate the unprecedented expenses of ordinary people, Canara bank has partnered with 3 insurers namely, New India Assurance Company Ltd, Bajaj Allianz General Insurance Co Ltd and HDFC ERGO Health Insurance to offer individual short-term Corona Kavach policy to cover their COVID-19 related health expenses.
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| 3. | __________ and Innoviti Payment Solutions launched the New Credit Card Equated Monthly Installments(EMI) offering on Point of Sale(POS) terminals. |
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Answer: Option B Explanation: BOB Financial Solutions Limited partnered with Innoviti Payment Solutions Pvt. Ltd to launch the New Credit Card Equated Monthly Installments(EMI) offering on Point of Sale(POS) terminals. The association of Bank of Baroda(BOB) Credit Card with Innoviti Payment Solutions will enable BOB credit card holders to access EMIs that can be repaid conveniently through their credit cards. The Bank of Baroda credit cardholders pan India can receive the service from over 70,000 Innoviti POS terminals across more than 1,000 cities.
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| 4. | The 'mpay.me' is the UPI payment link launched by which digital payment company? |
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Answer: Option C Explanation: MobiKwik launched mpay.me, a Unified Payment Interface (UPI) payment link service that allows users to send and receive moneyfrom any UPI payment app. Through mpay.me, users and merchants can set up a personalized link using their mobile number. The link can be created through the MobiKwik app or the MobiKwik website and can be shared anywhere with anyone over chat, SMS, email etc. mpay.me accepts payments from all UPI apps such as MobiKwik, GooglePay, PhonePe and Paytm among others.
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| 5. | Which bank launched the 'Kona Kona Umeed' campaign recently? |
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Answer: Option C Explanation: Kotak Mahindra Bank has launched a special two-month campaign, 'Kona Kona Umeed' with offers and discounts across its suiteof products to make banking and shopping more rewarding for the customers so as to boost consumer demand and lift people's enthusiasm during this pandemic situation.
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