Which bank has signed an agreement with Reliance Jio Money for one-click payment service.

2016

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

A	RBL Bank
B	City Union Bank
C	Federal Bank
D	ICICI Bank

Explanation:

Detailed explanation-1: -Federal Bank, the Indian commercial bank based in Kochi, has signed an agreement with wallet application Reliance Jio Money for one-click payment service.

Detailed explanation-2: -It then partnered with the State Bank of India and incorporated Jio Payments Bank Limited in November 2016.

Detailed explanation-3: -Jio Payments Bank | About Us. Dr. Vivek Bhandari is the Chairman of the Board.

Detailed explanation-4: -Jio Payments Bank Limited is a joint venture between the Reliance Industries and the State Bank of India with the stake of 70:30.

Detailed explanation-5: -You can make recharges, pay bills, transfer money and much more from your Jio Payments Bank account through your MyJio App or by visiting a Jio Payments Bank outlet nearest to you. Now you can deposit/withdraw money from your Jio Payments Bank account without filling any form, carrying passbook or visiting ATM.

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