BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SBI Card, the credit card issuer and Bharat Petroleum, the leading petroleum company in India announced the launch of the BPCL SBI Card-the most rewarding fuel co-branded credit card in the country. Who is the present Chairman of SBI?
A
Usha Ananthasubramanian
B
Rajnish Kumar
C
Arundhati Bhattacharya
D
Rakesh Sethi
Explanation: 

Detailed explanation-1: -A. You can redeem your reward points instantly for free fuel at over 1, 200 authorized BPCL retail outlets across the country or through BPCL fuel vouchers. The vouchers are valid for 6 months from the date of issue. Also, partial redemption is not allowed.

Detailed explanation-2: -4.25 % Valueback (13X* Reward Points equivalent to 3.25% + 1% Fuel surcharge waiver on every transaction of upto Rs. 4, 000, exclusive of GST and other charges), at any BPCL petrol pump across the country. Maximum surcharge waiver of Rs. 100 in a billing cycle, which is equivalent to an Annual Savings of Rs.1200.

Detailed explanation-3: -Features and Benefits of BPCL SBI Credit Card 4.25% Valueback (13X* points on fuel purchases at BPCL petrol pumps. Maximum 1300 Reward Points per billing cycle.

Detailed explanation-4: -SBI Cards and Payment Services on Thursday announced that it has partnered with Punjab & Sind Bank to launch co-brand credit cards for the bank’s customers. The company said that the collaboration also marks the introduction of ‘credit cards’ as a new product segment under the bank’s portfolio.

There is 1 question to complete.