CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Multilink will begin its strategic partnership with which payments bank to build agent points across India?
A
Bandhan Bank
B
NSDL Payment Bank
C
Airtel Payment Bank
D
India Post Payment Bank
Explanation: 

Detailed explanation-1: -On April 11, 2016, Airtel Payments Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI). It intends to bring banking services to the doorstep of every citizen of the country.

Detailed explanation-2: -India currently has 6 Payment Banks namely, Airtel Payment Bank, India Post Payment Bank, Fino, Paytm Payment Bank, NSDL Payment Bank and Jio Payment Bank.

Detailed explanation-3: -Paytm is one of the most popular payment bank in India. You can do all your transaction using your mobile phone. You can get cashless payment transaction and enjoy following services at Paytm bank. Zero balance saving bank account can be opened without any monthly average balance requirement.

There is 1 question to complete.