2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bharat Sanchar Nigam Ltd
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Airtel
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Aircel
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Vodafone
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Detailed explanation-1: -SBI in collaboration with BSNL has launched its new app – ‘mobicash’ – which is featured with three-way access to transfer fund from your mobile phone.
Detailed explanation-2: -SBI launched mobile banking service ‘State Bank Freedom’ in 2009 and has around 54 lakh users as of now with about 10, 000 users adding per day. Following the success of its first product in this space, the bank has now launched ‘Mobicash Easy’.
Detailed explanation-3: -The State Bank MobiCash Mobile Wallet application is menu driven and user friendly. The Mobile Wallet application can be downloaded from the link received via SMS at the time of registration, if GPRS connectivity is available on the handset. It may also be downloaded from the M/s.
Detailed explanation-4: -1.3 “Mobile Wallet” shall mean a mobile based prepaid wallet registered with the Bank (State Bank MobiCash and State Bank MobiCash Easy).
Detailed explanation-5: -Oxigen wallet is the first-ever e-wallet in India, launched in July 2004. In 2006, the media firm Times Group, in association with YES Bank, introduced Wallet365.com. But, the use of digital wallets picked up pace after the launch of Mobikwik in 2009.