CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank Kochi Metro launches India’s first single-wallet contactless, Open Loop Metrocard?
A
Axis Bank
B
State Bank of India
C
ICICI Bank
D
Federal Bank
Explanation: 

Detailed explanation-1: -Axis Bank has decided to roll out campaigns along with the Kochi Metro Rail Ltd to promote its Kochi1 card amongst metro commuters.

Detailed explanation-2: -Enjoy 20% discount* on every metro ride. *Discount offered by KMRL. You can reload your Card with any amount up to Rs.

Detailed explanation-3: -i.e ₹ 3000 per month including the available balance in card.

Detailed explanation-4: -1. The Card is accepted at all Axis Bank and Non-AXIS bank ATMs (ATMs that honour the Prepaid Card and that display the RuPay symbols in India). 2. The KMRL Axis Bank ‘Kochi1’ Card cannot be used for Cash Withdrawal at any Bank ATM.

There is 1 question to complete.