CURRENT AFFAIRS

Detailed explanation-1: -BharatPe founder Ashneer Grover says he will gift Mercedes to employees completing 5 years in his new startup - India Today.

Detailed explanation-2: -The correct answer is Axis Bank. Axis Bank has tied up with BharatPe to expand its merchant acquiring business in the country. Axis Bank will be the acquiring bank for BharatPe’s point of sale (PoS) business, BharatSwipe, and will provide acceptance of credit and debit cards for merchants associated with BharatPe.

Detailed explanation-3: -Shashvat Nakrani As the President of BharatPe, Suhail is working closely with Ashneer Grover, Co-Founder and CEO, BharatPe and the Board to build BharatPe as the one-stop destination for all financial and payment needs of the merchant community.

Detailed explanation-4: -“BharatPe” is the trademark of Resilient Innovations Private Limited (“Company”), a company incorporated under the provisions of the Companies Act, 2013, having its registered office at 3rd Floor Ramnath House Building, 18 Community Centre, Yusuf Sarai New Delhi - 110049, India.