CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
India’s first standalone metal debit card “FIRST Private Infinite Card”, has been launched by which bank?
A
HDFC
B
AXIS
C
ICICI
D
IDFC FIRST Bank
Explanation: 

Detailed explanation-1: -Mumbai, November 30, 2021: IDFC FIRST Bank today announced the launch of FIRST Private Infinite, the country’s first-ever standalone metal debit card, in partnership with Visa, the global leader in digital payments.

Detailed explanation-2: -The first bank cards were ATM cards issued by Barclays in London, in 1967, and by Chemical Bank in Long Island, New York, in 1969. In 1972, Lloyds Bank issued the first bank card to feature a personal identification number (PIN) for security along with the information-encoding magnetic strip.

Detailed explanation-3: -IDFC First Bank Debuts India’s First Metal Debit Card.

Detailed explanation-4: -Shri Akhil Handa, Chief Digital Officer, Bank of Baroda said, “The bob World Opulence - Infinite (Metal Edition) debit card is truly a status symbol, offering a world of lavish privileges and benefits combined with a distinctive card design.

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