CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Banks has launched the 7th edition of the knowledge summit ‘Evolve’ for MSMEs?
A
Paytm Bank
B
SBI bank
C
Paytm Bank
D
Axis bank
Explanation: 

Detailed explanation-1: -Axis Bank has launched the seventh edition of ‘Evolve’ for MSMEs with the theme of ‘Indian SMEs: Shifting Gears for Next Level Growth’. ‘Digitalisation to Building Indian SMEs’ and ‘Export Opportunities for SMEs in the New World Order’ were some of the other key themes at the launch.

Detailed explanation-2: -UPSC Mains Notes: Axis Bank launches 7th edition of knowledge summit ‘Evolve’ for MSMEs The current edition is focused on the broader theme of ‘Indian SMEs: Shifting Gears for Next Level Growth’ with sub-themes such as ‘Digitalization to Building Indian SMEs’ and ‘Export Opportunities for SMEs in the New World Order’.

Detailed explanation-3: -The 7th edition of Evolve will delve into how technology and digitalization can help achieve exponential growth from exports, which is a major area of focus for increasing profitability and market presence for MSMEs, the bank said.

Detailed explanation-4: -Ministry of Micro, Small & Medium Enterprises.

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