CURRENT AFFAIRS

2019

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

Along with which company, Apple jointly launched the Apple Card credit card for iPhones?

A	Goldman Sachs
B	Morgan Stanley
C	Citigroup
D	Barclays

Explanation:

Detailed explanation-1: -Apple Card is the first consumer credit card Goldman Sachs has issued, and they were open to doing things in a new way. And the strength of the Mastercard network means Apple Card is accepted all over the world.

Detailed explanation-2: -Apple today announced its new credit card, in partnership with Goldman Sachs & Mastercard.

Detailed explanation-3: -Goldman helped launch the Apple Card in 2019 and reportedly spent roughly $350 to acquire every new Apple Card customer. And in 2022, it scaled back its efforts to turn its consumer savings business, Marcus, into a fully-fledged digital bank.

Detailed explanation-4: -Apple works with Goldman Sachs Bank USA, Salt Lake City Branch as their bank issuing partner, and Mastercard as their network for Apple Card. Apple Card is available for qualifying applicants in the United States.

There is 1 question to complete.