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2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
State Bank of India (SBI) will set up an Innovation, Incubation and Acceleration Centre (IIAC) at which place?
A
Mumbai
B
Hyderabad
C
Bengaluru
D
Chennai
Explanation: 

Detailed explanation-1: -Abhishek Mishra. Answer: Option B Explanation: The State Bank of India (SBI) will set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad, Telangana which will be operational in six to nine months of on-boarding a consultant.

Detailed explanation-2: -The correct answer is Hyderabad. State Bank of India (SBI) has planned set up an Innovation, Incubation and Acceleration Centre (IIAC) in Hyderabad.

Detailed explanation-3: -State Bank of India (SBI) plans to set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad in a bid to build in-house capability to bolster its current performance and drive higher top-line growth through innovation. The centre will be operational in six to nine months of on-boarding a consultant.

Detailed explanation-4: -Answer: Option B Explanation: State Bank of India will set up an Innovation, Incubation and Acceleration Center in Hyderabad, Telangana, which will be operational within six to nine months of on-boarding of a consultant.

Detailed explanation-5: -State Bank of India (SBI) has launched the Fintech Innovation Incubation Program (FIIP) to promote a culture of Fintech innovation and entrepreneurship in India.

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