BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Indian online payments firm BillDesk-owned Hatio Innovations has launched cryptocurrency exchange ‘Coinome’ in India offering trading of Bitcoin and Bitcoin Cash. BillDesk based in
A
Hyderabad
B
Chennai
C
Kolkata
D
Mumbai
Explanation: 

Detailed explanation-1: -India’s first crypto-currency exchange “Coinome” has been launched by Mumbai-based payment gateway Billdesk. Coinome is incorporated under Hatio Innovations Pvt. Ltd, a wholly owned subsidiary of BillDesk.

Detailed explanation-2: -With their team, the new cryptocurrency project is initiated by two strong female entrepreneurs, Shaik Ayesha and Subi Ansari. The main objective of GanderCoin is to provide the best digital financial services, ensuring credibility, convenience, and transparency.

Detailed explanation-3: -Union Budget 2022-23 – The government of India recognized cryptocurrencies and decided to tax 30% of any virtual asset. The FM also announced the launch of a CBDC called the digital rupee.

Detailed explanation-4: -Overall, Binance is one of the best crypto exchanges in India. With its wide range of tools, 24/7 support, low fees, and high level of security, it is an excellent choice for anyone looking to buy and sell digital currencies in India. With a minimum investment of just Rs.

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