2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
HDFC Financial Services
|
|
|
Geojit Financial Services
|
|
|
BOB Financial Solutions
|
|
|
Fedbank Financial Services
|
Detailed explanation-1: -New Delhi: The Non-Banking Financial Company, and wholly-owned by Bank of Baroda, BOB Financial Solutions Limited launched a co-branded credit card for navy personnel along with the Indian Navy. The credit card is featured as contactless and will be offered on the RuPay platform.
Detailed explanation-2: -Co-branded credit cards are the product of a mutual partnership between a particular merchant and a credit card issuer. Together, they create a credit card that bears the merchant’s logo and provide merchant-specific benefits to brand-loyal consumers.
Detailed explanation-3: -Bank of Baroda subsidiary launches co-branded RuPay contactless credit card for Indian Army.
Detailed explanation-4: -Central Bank of India was the first Bank to introduce credit cards in India.