CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank did Arun Jaitley opened recently?
A
Airtel payments Bank
B
Paytm Payments Bank
C
FINO Payments Bank
D
Sun Pharmaceuticals Payments Bank
Explanation: 

Detailed explanation-1: -IPPB was launched as a pilot project on 30 January 2017 in Ranchi (Jharkhand) and Raipur (Chhattisgarh), with the objective of being present across India by the FY 2018-2019.

Detailed explanation-2: -All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.

Detailed explanation-3: -India currently has 6 Payment Banks namely, Airtel Payment Bank, India Post Payment Bank, Fino, Paytm Payment Bank, NSDL Payment Bank and Jio Payment Bank.

There is 1 question to complete.