CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
LIC Cards Services has launched a contactless prepaid gift card, ‘Shagun’, in collaboration with which bank?
A
ICICI Bank
B
Bank of India
C
IDBI Bank
D
SBI
Explanation: 

Detailed explanation-1: -LIC Cards launched the ‘Shagun’ gifting card for its customers in collaboration with IDBI Bank on the RuPay platform.

Detailed explanation-2: -LIC Cards Services Limited (LIC-CSL) has partnered with IDBI Bank to launch ‘Lumine’ Platinum Credit Card and ‘Eclat’ Select Credit Card on the RuPay platform. The cards will initially be available to LIC policyholders, agents, as well as employees of the corporation and its subsidiaries.

Detailed explanation-3: -The IDBI Bank Gift Card allows your loved one to purchase goods and services at over 10 lakh merchant establishments & e-commerce websites in India that accept Visa Cards. No heartaches of being bound to specific stores with gift vouchers.

Detailed explanation-4: -The Axis Bank Gift Card is welcome everywhere RuPay cards are accepted in India – including retail stores and online merchants.

Detailed explanation-5: -You can walk into any IDBI ATM, insert your card, enter your PIN and do a Balance Enquiry to find out the balance remaining on your card. You can also request for a mini statement, which will give you details of the last 10 transactions on your card.

There is 1 question to complete.