Important Current Affairs Quiz for Bank Mains Exams 2021- 6th September

Q1. In which of the city, Amazon has launched its first Digital Kendra?
(a) New Delhi
(b) Surat
(c) Bangalore
(d) Pune
(e) Hyderabad

Q2. The health insurer Max Bupa Health Insurance has rebranded itself as ‘_______Bupa Health Insurance?
(a) New
(b) Nava
(c) Navin
(d) Niva
(e) None of the above

Q3. Which online shopping firm has launched an app Shopsy, that will enable Indians to start their online businesses without any investment?
(a) Amazon
(b) Snapdeal
(c) Flipkart
(d) Myntra
(e) None of the above

Q4. Name the bank has launched Aarogyam Healthcare Business Loan under that the entire healthcare ecosystem.
(a) Bank of Baroda
(b) State Bank of India
(c) ICICI Bank
(d) Punjab National Bank
(e) None of the above

Q5. Which of the following has acquired artificial intelligence based risk analysis platform TERA Fin labs?
(a) Razorpay
(b) PhonePe
(c) Google Pay
(d) Paytm
(e) None of the above

Q6. Paytm has announced the launch of Postpaid Mini, small-ticket loans that will give users the flexibility to access loans ranging from Rs 250 – Rs 1,000, in partnership with______________.
(a) Cholamandalam Finance ltd
(b) Bajaj Finance co.ltd
(c) Aditya Birla Finance Ltd
(d Mannapuram Finance ltd.
(e) None of the above

Q7. Max Bupa Health Insurance, a standalone health insurer, has entered into a bancassurance partnership with which bank?
(a) ICICI Bank
(b) Axis Bank
(c) Kotak Mahindra Bank
(d) Federal Bank
(e) None of the above

Q8. Which Small Finance Bank has collaborated with MoEngage to drive digital banking experiences in the unserved and underserved areas of the country?
(a) Ujjivan Small Finance Bank
(b) Equitas Small Finance Bank
(c) A U Small Finance Bank
(d) Suryoday Small Finance Bank
(e) None of the above

Q9. Three of Indian private lenders have taken stakes in the blockchain financial technology firm IBBIC Pvt Ltd. Which one of the following is not included in list?
(a) ICICI Bank
(b) HDFC Bank
(c) IndusInd Bank
(d) Axis Bank
(e) None of the above

Q10. Which of the following has acquired RiskIQ which is a San Francisco-based provider of cybersecurity services?
(a) Infosys
(b) Amazon
(c) Google
(d) Microsoft
(e) None of the above

Solutions

S1.Ans(b)
Sol. Amazon has launched its first Digital Kendra in India in Surat, Gujarat. Amazon Digital Kendra was inaugurated by Vijay Rupani, Chief Minister of Gujarat.

S2.Ans(d)
Sol. The standalone health insurer Max Bupa Health Insurance has rebranded itself as ‘Niva Bupa Health Insurance.

S3.Ans(c)
Sol. Flipkart has launched Shopsy, an app that will enable Indians to start their online businesses without any investment. Flipkart aims to enable over 25 million online entrepreneurs by 2023 with the help of Shopsy.

S4.Ans(b)
Sol. State Bank of India has launched Aarogyam Healthcare Business Loan under that the entire healthcare ecosystem such as hospitals, nursing homes, diagnostic centres etc can avail loans of up to ₹100 crore repayable in 10 years.

S5.Ans(a)
Sol. Razorpay has acquired artificial intelligence (AI)- based risk analysis platform TERA Finlabs, marking its third acquisition since inception.

S6.Ans(c)
Sol. Paytm has announced the launch of Postpaid Mini, small-ticket loans that will give users the flexibility to access loans ranging from Rs 250 – Rs 1,000, in partnership with Aditya Birla Finance Ltd. The product is an extension of its Buy Now, Pay Later service, driving affordability amongst those new to credit.

S7.Ans(b)
Sol. Max Bupa Health Insurance, a standalone health insurer, has entered into a bancassurance partnership with Axis Bank, the country’s thirdlargest private sector bank.

S8.Ans(a)
Sol. Ujjivan Small Finance Bank has collaborated with MoEngage to drive digital banking experiences in the unserved and underserved areas of the country.

S9.Ans(c)
Sol. Three of India’s biggest private lenders – ICICI Bank, HDFC Bank and Axis Bank have taken stakes in the blockchain financial technology firm IBBIC Pvt Ltd.

S10.Ans(d)
Sol. Microsoft has reached a deal to acquire RiskIQ, a San Francisco-based provider of cybersecurity services, including malware and spyware monitoring and mobile app security.