Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs

Which company ties up with FEBRABAN to develop online business platform?

B. Infosys
C. Wipro
D. Accenture

Answer: Option C


Wipro, the Bengaluru-based software services provider has tied up with Febraban, an industry body representing the Brazil's financial services industry. Wipro will develop an online platform "Noomis" for the financial services industry in Brazil. Noomis will serve as a meeting point and a discussion platform for the finance professionals in Brazil who will participate in CIAB, an information technology trade show for financial services organized by FEBRABAN. Noomis will provide reliable, analytical, and unbiased information via news reports, videos, and newsletters that will enable participants to stay up to date on financial market trends.


Name the insurance company which has signed a bancassurance agreement with Indian Bank.

A. Star Health Insurance
B. Max Bupa
C. Max Life Insurance
D. Apollo Munich Health Insurance

Answer: Option B


Indian Bank has signed a bancassurance agreement with a standalone health insurance player, Max Bupa to provide Max Bupa's suite of health insurance products to its customers. Under the agreement, Max Bupa will provide comprehensive health insurance solutions and services to over 40 million customers of Indian Bank spread across 2800 branch network, through a slew of digital touchpoints.


Name the entity, that has partnered with Visa Inc to launch SI(standing instructions )-Hub to make recurring payments using cards with a one-time enrollment.

A. Billdesk
B. Citrus Pay
C. Razorpay
D. Whizpay

Answer: Option A


Visa Inc, the world's leader in digital payments technology and BillDesk, an Indian online payment gateway company have partnered for the launch of SI (standing instructions )-Hub which is a smooth and secure way to make recurring payments using cards with a one-time enrollment. This comes after the introduction of guidelines for e-mandate on cards for recurring transactions by RBI(Reserve Bank of India).


Which company has partnered with PayU to offer cardless EMI (equated monthly installment) payment option to consumers?

A. Loantap
B. Moneytap
C. CoinTribe
D. ZestMoney

Answer: Option D


Consumer lending platform, ZestMoney has partnered with PayU, a fintech firm that provides payment technology to online merchants to offer cardless EMI (equated monthly installment) payment option to consumers. With this partnership, more than 2,500 merchants that are equipped with PayU, Billdesk, Cashfree, and Razorpay can start accepting ZestMoney (which has over 3,500 unique data points (2,500 data points for new to credit) to ease risk decisioning) as a payment solution quickly.


Who became the new CMD of Cognizant India?

A. V Santhanaraman
B. Ramkumar Ramamoorthy
C. R K Bakshi
D. Vikram Kothari

Answer: Option B


Global technology services firm Cognizant Technology Solutions has appointed Ramkumar Ramamoorthy as chairman and managing director of Cognizant India and head of India Operations, Cognizant CEO Brian Humphries announced in a note sent to employees this morning.

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