2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Omega
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Rolex
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Fastrack
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Timex
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Detailed explanation-1: -Titan’s Fastrack ties up with YONO-SBI bank to launch a smart fitness band with digital payment components.
Detailed explanation-2: -The country’s largest lender State Bank of India (SBI) will revamp its banking application (app) YONO and position it as a complete digital bank (DB) under a new rubric ‘Only YONO’ for enhancing customer experience and ease of use.
Detailed explanation-3: -It enables an account holder to withdraw money instantly from any of the SBI ATMs and most of SBIs Merchant POS terminals or Customer Service Points (CSPs) within India without using any physical card or filling up any physical withdrawal slip.
Detailed explanation-4: -SIM binding is a type of device binding where an individual uses their mobile phone and binds that phone to their SIM card. This provides for greater security in user authentication.