CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has launched the “Small Business Loans Initiative” in India in partnership with the online lending platform Indifi?
A
Facebook
B
WhatsApp
C
Telegram
D
Twitter
Explanation: 

Detailed explanation-1: -Facebook India on Friday announced a new programme called the “Small Business Loans Initiative", in partnership with online lending platform Indifi, to help small and medium businesses (SMBs) that advertise on Facebook to get quick access to credit through independent lending partners.

Detailed explanation-2: -Facebook India launches ‘Small Business Loans Initiative’ | The Financial Express.

Detailed explanation-3: -Facebook launched this initiative with the aim of making business loans more easily accessible to small businesses.

Detailed explanation-4: -India is the first country where Facebook launched this initiative in August 2021.

Detailed explanation-5: -Facebook launches Small Business Loans initiative across 200 cities in India for SMEs.

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