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IMPORTANT MCQ SESSION!
2021 BUSINESS AWARENESS-7
TISS-MAT, JBIMS MHRD, XAT, TISS-NET, CMAT, SSC, IIFT, BANKS
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Which of the following companies launched ‘Postpaid Mini’ - small ticket instant
loans to its users?
A. PhonePe
B. Amazon Pay
C. GPay
D. Paytm
Points to Know (PTN):
With the launch of Postpaid Mini, the company will offer access to loans ranging
from ₹250 to ₹1000. This will help users pay for their monthly expenses, including
mobile & DTH recharges, gas cylinder booking, electricity & water bills, etc.
Which of the following payment gateway service provider partnered with
Mastercard to launch ‘MandateHQ’ - a payment interface that will help card-issuing
banks to enable recurring payments for its customers?
A. PayU
B. JusPay
C. Razorpay
D. None of these
PTN:
In addition to the Mastercard partnership, Razorpay has also collaborated with three
banks and is in talks with over 20 banks to help integrate this technology into their
existing payment infrastructure in the next few weeks.
Recently, the Intellectual Property Appellate Board of which country accorded
trademark status to India’s homegrown dairy giant Amul?
A. USA
B. UK
C. Mexico
D. Canada
PTN:
Amul will also be awarded damages to the tune of Canadian dollar (CAD) 32,733
after it won a trademark violation case filed in the Federal Court of Canada against
Amul Canada - the group had blatantly copied the trademark ‘Amul’ and the logo of
‘Amul-The Taste of India.
Which of these social media giants has recently appointed Vinay Prakash as the new
Resident Grievance officer?
A. Facebook
B. Twitter
C. Instagram
D. Koo
PTN:
After months of back and forth, Twitter has finally appointed an India-based
grievance officer, which is mandatory for all social media companies under the new
Information Technology (IT) Rules of the country.
Axis Bank has partnered with which of the following cloud service providers for its
digital transformation?
A. Amazon Web Services
B. Azure
C. Google Cloud Platform
D. None of these
PTN:
Axis Bank, India’s third-largest private bank, will be using AWS services, including
cloud containers, database, and compute to improve its services and unveil new
digital financial services.
Which of these banks was imposed a penalty of Rs. 25 lakhs for non-compliance to
RBI’s Cyber security framework?
A. IndusInd Bank
B. Union Bank of India
C. ICICI Bank
D. Punjab & Sind Bank
PTN:
After considering the bank’s reply to the show-cause notice, oral submissions made
during the personal hearing and examination of further clarifications/documents
furnished by the bank, RBI came to the conclusion that to the extent the charges of
non-compliance with RBI directions were substantiated.
Name the digital payment service provider that partnered with Flipkart to launch a
contactless ‘Scan and Pay’ feature for Flipkart’s Cash-on-delivery orders?
A. Paytm
B. Amazon Pay
C. BHIM
D. PhonePe
PTN:
Using PhonePe’s QR code solution, the Flipkart customers who earlier opted for
cash on delivery can pay digitally through any UPI app at the time of delivery.
Which of the following aviation company was recently named the 2021 Airline of
the Year?
A. Vistara
B. Qatar Airways
C. Korean Air
D. Qantas
PTN:
Reason: Korean Air’s excellent leadership, its ability to remain operationally
profitable every quarter in 2020 through the industry’s worst-ever crisis, a strong
commitment to health safety, the environment and community support endeavors.
Which of the following banks launched “Salaam-Dil-Sey” initiative to show gratitude
to doctors for their significant service during the pandemic?
A. HDFC Bank
B. ICICI Bank
C. Axis Bank
D. SBI
PTN:
As part of this initiative, the bank has created a web platform www.salaamdilsey.com
wherein the general public can log in to the microsite and share the thank you
message for doctors which can be immediately shared via e-mail, social media, and
WhatsApp.
Which IT company partnered with ‘StaTwig’ to implement the global vaccine tracker
platform “VaccineLedger”?
A. Infosys
B. Google India
C. Mphasis
D. Tech Mahindra
PTN:
The partnership aims to roll-out blockchain-based traceability solution for global
vaccine supply chain transparency, predict and prevent failures in supply chains,
including problems related to expired vaccines, stock out and counterfeiting.
Name the bank that signed an MoU with the Indian Army offering a defense service
salary package under its 'Power Salute' initiative?
A. ICICI Bank
B. Bank of Baroda
C. Axis Bank
D. Union Bank of India
PTN:
Through this exclusive Defense service salary package, Axis Bank will offer
numerous benefits to all ranks of army officers like Personal Accidental cover of up
to Rs. 56 lakhs to all army personnel, Additional up to 08 Lakhs Education Grant,
Total Permanent Disability Cover benefit up to Rs. 46 Lakhs etc.
Which company was appointed by Coal India Ltd as a consultant to digitize three of
its subsidiaries?
A. Infosys
B. Accenture
C. TCS
D. Tech Mahindra
PTN:
Coal India Ltd(CIL), appointed Accenture as a consultant to enhance their
performance through digitization of 3 mines of South Eastern Coalfields
Limited(SECL) and 4 mines of Northern Coalfields Limited(NCL), subsidiaries of
CIL.
National Skill Development Corporation (NSDC) has collaborated with which of
these companies for digital upskilling of Indian workforce?
A. Cisco
B. Microsoft
C. Infosys
D. Google
PTN:
The partnership will offer access to the Cisco Networking Academy courses
through NSDC’s eSkill India platform, to provide comprehensive digital skills critical
for the digital-first world.
Which of these tech giants has partnered with Bangalore International Airport
Limited (BIAL) to transform travel experience through “Airport in a Box” platform?
A. Microsoft
B. Google
C. IBM
D. Capgemini
PTN:
It will be a 10 year partnership to create a new “Airport in a Box” platform that will
support transforming the end-to-end travel experience for passengers at BLR
Airport.
Name the PSU bank (PSB) which topped the list of PSBs writing off NPAs in
FY2021?
A. State Bank of India
B. Bank of Baroda
C. Union Bank of India
D. Apex Bank
PTN:
A loan write-off is a tool used by banks to clean up their bad loans (NPAs) from
their balance-sheets. Even after written-off loans, the borrowers are liable for
repayment (no waiver), hence the write-off does not benefit the borrower. It will
benefit the banks by means of a clean balance-sheet.
Which country is building World’s first waterless nuclear reactor using thorium?
A. Japan
B. USA
C. India
D. China
PTN:
The molten-salt nuclear reactor, which runs on liquid thorium rather than uranium,
is expected to be safer than traditional reactors because the molten salt cools and
solidifies quickly when exposed to the air, insulating the thorium, so that any
potential leak would spill much less radiation into the surrounding environment
compared with leaks from traditional reactors.
Which of the following companies will set up India’s first green hydrogen fueling
station in Ladakh?
A. NTPC
B. BHEL
C. ONGC
D. IOCL
PTN:
National Thermal Power Corporation Renewable Energy Ltd (NTPC REL), NTPC's
wholly owned subsidiary has invited a domestic tender to set up India's first green
hydrogen fuelling station in Leh, Ladakh.
Assignment!
1. Which company became the 1st to partner with Google Pay for digital lending to
Small and medium-sized enterprises (SMEs)?
2. Which insurance company partnered with SVAAS Wellness to launch a 1st of its
kind cashless outpatient health insurance policy?
3. Which bank partnered with LIC Cards Services to launch 2 Credit Cards –
‘Lumine’ Platinum Credit Card & ‘Eclat’ Select Credit Card?
👍 🌏 📌
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