.....recently displaces Accenture as the largest IT firm servicing banks in the world.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____recently displaces Accenture as the largest IT firm servicing banks in the world.

A	Infosys
B	TCS
C	Microsoft
D	Wipro

Explanation:

Detailed explanation-1: -TCS overtaking Accenture is largely on account of the two mega (over $1 billion multi-year IT) contracts, including an over $2 billion, 10-year contract with Transamerica Life Insurance Co., a unit of Dutch insurer Aegon NV, and a $1.36 billion, 10-year contract from a unit of British insurer Prudential Plc.

Detailed explanation-2: -Tata Consultancy Services has 46, 679 more total submitted salaries than Accenture.

Detailed explanation-3: -A Fortune Global 500 company, it reported revenues of $61.6 billion in 2022. Accenture’s current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees.

Detailed explanation-4: -As of 2018, it is ranked eleventh on the Fortune India 500 list. In September 2021, TCS recorded a market capitalisation of US$200 billion, making it the first Indian IT tech company to do so. In December 2022, the market cap was Rs. 11, 71, 481.89 crore.

There is 1 question to complete.