CURRENT AFFAIRS

Detailed explanation-1: -Airtel Payments Bank has partnered with Bharti AXA General Insurance. It will offer comprehensive car insurance to the payments bank’s customers. The Smart Drive Private Car Insurance offers financial protection against damage to the vehicle due to accident, theft, and natural and man-made disasters.

Detailed explanation-2: -The correct answer is option 4 i.e. Bharti AXA General Insurance.

Detailed explanation-3: -Airtel Payments Bank started with an 80:20 partnership between Bharti Airtel and Kotak Mahindra Bank. Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016.

Detailed explanation-4: -Airtel Payments Bank enables you to pay your insurance premium anytime, anywhere! With our easy, convenient, and hassle-free online payment service, you can make the payments well in time and avail all your insurance benefits. To make your insurance payments, just download My Airtel App or pay through the website.

Detailed explanation-5: -With a monthly premium starting at ₹1, 299, customers can get an insurance sum that is equivalent to the purchase price of their smartphone. Airtel Payments Bank has tied up with ICICI Lombard to offer Smartphone Insurance in India. This facility is available on the Airtel Thanks app.