CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Paytm Payments Bank Limited has launched a card, keeping in mind the vision of one nation, one card, what is the name it?
A
Paytm Trans Card
B
Paytm Time Card
C
Paytm Travel Card
D
Paytm Transit Card
Explanation: 

Detailed explanation-1: -Paytm Payments Bank Limited Monday announced the launch of the Paytm Transit Card, keeping in mind the vision of one nation, one card.

Detailed explanation-2: -Paytm Vision Statement Our goal is to perue digital excellence, increase earning growth and to perdure cross selling opportunities.

Detailed explanation-3: -One nation one card can be defined as an open loop EMV-based payment card for giving a hassle-free experience to customers at various transport modes and payment systems across the country. This initiative was conceived by the Ministry of Housing & Urban Affairs (MoHUA), Government of India.

Detailed explanation-4: -Paytm denotes ‘Pay through Mobile’, representing the digital transactional services of the company. The company’s vision tagline is ‘Paytm Karo’. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services.

Detailed explanation-5: -Paytm’s parent company, One97 Communications, got listed on the Indian stock exchanges on 18 November 2021 after an initial public offering, which was the largest in India at the time.

There is 1 question to complete.