CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Paytm and ______ launched its first credit card called Paytm First Card.
A
OCBC Bank
B
DBS Bank
C
ICICI Bank
D
Citibank
Explanation: 

Detailed explanation-1: -In collaboration with HDFC bank, Paytm digital application has launched the Paytm X HDFC Bank credit card which offers innumerable benefits to its users in terms of cashbacks, reward points and discount offers.

Detailed explanation-2: -The name of the card is the Paytm First Credit Card. It has a lot of exciting offers and discounts. You can enjoy cashback on the monthly statement of the credit card bill. Make your dining economical through the discounts on dining and get exclusive offers on movie tickets.

Detailed explanation-3: -Credit cards in India The Central Bank of India launched the first bank credit card in 1980, which was followed by Andhra Bank in the same year – both were of the Visa brand.

Detailed explanation-4: -Welcome Benefits worth Joining Fee Currently, the Paytm First Membership costs around Rs. 899, thus, it is a feasible benefit as per the monthly and annual fee charged on the regular and select variants. However, when it comes to the mobile variant, there is no welcome benefit offered.

There is 1 question to complete.