CURRENT AFFAIRS

2021

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Paytm Payments Bank has become the first bank in the country to achieve the milestone of issuing how many FASTags?

A	10 crore
B	1 crore
C	4 crore
D	20 crore

Explanation:

Detailed explanation-1: -UPSC Mains. Q. Which bank has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags? Notes: Paytm Payments Bank Ltd (PPBL) has become the first bank in the country to achieve the milestone of issuing 1 crore FASTags.

Detailed explanation-2: -Paytm Payments Bank has announced that it has become the largest FASTag issuer in India.

Detailed explanation-3: -Only one FASTag can be issued against a particular vehicle at any given point of time.

Detailed explanation-4: -Paytm Payments Bank Ltd has 3 branches in following state(s) of India.

Detailed explanation-5: -Paytm Payments Bank Ltd (PPBL) claims to have led the market in the FASTag segment with 28.2 per cent market share. The firm said it issued 4, 51, 463 FASTags in December 2021 as against 4, 05, 541 in November, cementing its leadership position in the digital toll payments in the country.

There is 1 question to complete.