BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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

Which of the following e-commerce company has partnered with the Life Insurance Corporation of India (LIC) to offer online insurance premium payments on its platform?

A	Phonepe
B	Airtel Money
C	MakeMyTrip
D	Paytm

Explanation:

Detailed explanation-1: -Paytm allows you to pay the premiums of your LIC plan anytime and from anywhere. So leave your worries and just #PaytmKaron for your LIC online payment.

Detailed explanation-2: -While initiating the payment email id will be asked from the user. The payment receipt will be sent to the mail id registered while payment. The receipt will also be available for download in the apps viz . “Paytm-My Order”, “PhonePe-History”, “Google Pay-All Payment activity”, “Amazon Pay – Your orders”.

Detailed explanation-3: -Life Insurance Corporation of India (LIC), owned by the Government of India, is a provider of life insurance plans. The company offers endowment plans, money-back plans, term assurance plans, pension plans, special plans, unit plans, group schemes, child plans, and health insurance plans.

There is 1 question to complete.