31. Which Indian company has issued $2-billion Sustainability-linked bonds?
[A] Reliance Industries Limited
[B] Adani Electricity Mumbai Limited
[C] Tata Power
[D] Tata Consultancy Services
Hide Answer
Correct Answer: B [Adani Electricity Mumbai Limited]
Notes:
Adani Electricity Mumbai Limited (AEML) which is a group company of the Adani Transmission Ltd has proposed to set up Global Medium-Term Notes bonds programme for $2-billion.
This along with sustainability-linked bond issuance is a part of the company’s plan to raise capital of the company.
32.Who has become the first Brand Ambassador of Homelane, an Interior design & decor startup?
[A] Mahendra Singh Dhoni
[B] Akshay Kumar
[C] Twinkle Khanna
[D] Sakshi Mallik
Hide Answer
Correct Answer: A [Mahendra Singh Dhoni]
Notes:
Mahendra Singh Dhoni has become the first Brand Ambassador of Homelane. He is now the first celebrity to endorse an end-to-end home interiors brand.
Homelane is an Interior design & decor startup. It was founded by Srikanth Iyer and Tanuj Chaudhary. It was established in 2014. It is known for providing personalized and professional end-to-end interior services on time. Homelane is currently providing services in 16 Indian cities.
33.Which Bank has launched a saving account named “Health and Wellness Savings Account” to provide support during medical emergencies?
[A] State Bank of India
[B] Suryoday Small Finance Bank
[C] Allahabad Bank
[D] Punjab National Bank
Hide Answer
Correct Answer: B [Suryoday Small Finance Bank]
Notes:
“Health and Wellness Savings Account” has been launched by Suryoday Small Finance Bank (SFB) to provide support during medical emergencies. A resident individual with an age limit 18 years to 65 years of age can open the joint or single account. The account will provide a health insurance of Rs.25 lakhs, annual healthcare package etc.
For getting the medical benefits, the individual will have to maintain an average monthly balance of Rs. 3 lakh and he/she should be eligible as per the health declaration form.
Suryoday Small Finance Bank was established in 2017. It is headquartered in Mumbai. Baskarbabu Ramchandran is the current CEO & MD of the bank.
34.Which organization has tied up with Manipal Business Solutions to expand reach in Rural Areas?
[A] HDFC ERGO General Insurance Company
[B] SBI General Insurance
[C] Bajaj Allianz General Insurance
[D] Universal Sompo General Insurance Company
Hide Answer
Correct Answer: B [SBI General Insurance]
Notes:
SBI General Insurance partnered with Manipal Business Solutions, the initiator of SahiPay, to expand its penetration of non-life insurance in rural areas of the country. As SahiPay provides digital and financial services in semi-urban and rural areas, SBI General will leverage this customer base to maximize its non-life penetration rate in rural areas by providing a variety of non-life insurance solutions. . Over 65% of the Indian population lives in rural areas and hence this partnership will let them understand the benefits of the insurance, affordable and technology-based products that this association provides.
35.As of August 2021, what is the total number of bank accounts under Pradhan Mantri Jan Dhan Yojna (PMJDY)?
[A] 32 crore
[B] 43 crore
[C] 56 crore
[D] 67 crore
Hide Answer
Correct Answer: B [43 crore]
Notes:- Bank accounts under Pradhan Mantri Jan Dhan Yojna (PMJDY) have increased to 43 crore, as of August 2021.
- As per the Finance Ministry Data, the total deposits under the accounts amount to over ₹1.46 lakh crore.
- The government’s flagship ‘Financial inclusion’ scheme has also completed seven years of implementation.
- PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on August 15, 2014 and was launched on August 28.
36.Based on recommendation of which body, the Grants to Rural Local Bodies (RLBs) are released by the Government of India to states?
[A] Union Public Service Commission
[B] Finance Commission
[C] National Rural Development Commission
[D] National Bank for Agriculture and Rural Development
Hide Answer
Correct Answer: B [Finance Commission]
Notes:- The Government of India through the Finance Ministry has released a sum of Rs.13,000 crore as Rural Local Bodies (RLBs) grants.
- This is the first instalment of Tied grants, which would be given to 25 States.
- This grant has been recommended by the 15th Finance Commission, headed by NK Singh.
- These grants would be used for drinking water and sanitation related utilization.
37.Which state government has partnered with Amazon India to help drive e-commerce exports in the state?
[A] Gujarat
[B] Karnataka
[C] Kerala
[D] Manipur
Hide Answer
Correct Answer: A [Gujarat]
Notes:
Amazon India has signed a Memorandum of Understanding (MoU) with the industries and mines department of government of Gujarat to help drive e-commerce exports in the state. As part of the MoU, Amazon will train and onboard MSMEs from the state on Amazon Global Selling, enabling them to sell their unique Made in India products to millions of Amazon customers across more than 200 countries and territories.
38.With which organization, National Payments Corporation of India (NPCI) has partnered to launch, ‘nFiNi,’ a plug-and-play RuPay credit card stack?
[A] Fiserv Inc
[B] Global Payments
[C] PayPal
[D] PhonePe
Hide Answer
Correct Answer: A [Fiserv Inc]
Notes:
The National Payments Corporation of India (NPCI) and Fiserv Inc. Has partnered to launch a plug-and-play RuPay credit card stack named ‘nFiNi’. ‘nFiNi’ is a RuPay based Application Programming Interface platform to boost credit card based products in the country. The nFiNi platform will power RuPay cards (including National Common Mobility Card) by offering access to needed services through the NPCI network combined with FirstVisionTM cloud-based open API integrations from Fiserv.
39.Which bank has launched its digital banking platform named ‘bob World?’
[A] Indian Bank
[B] Bandhan Bank
[C] Paschim Banga Gramin Bank
[D] Bank of Baroda
Hide Answer
Correct Answer: D [Bank of Baroda]
Notes:
Bank of Baroda has launched its digital banking platform ‘bob World’, aimed at providing all banking services under one roof. bob World’ will offer a wide gamut of banking products and services, to be rolled out in phases, under four key pillars — Save, Invest, Borrow and Shop.
40.With which organization, Davinta has partnered to provide credit facilities to MSMEs?
[A] State Bank of India
[B] Flipkart Wholesale
[C] Canara Bank
[D] Amazon
Hide Answer
Correct Answer: B [Flipkart Wholesale]
Notes:
Flipkart Group’s B2B digital marketplace Flipkart Wholesale has partnered with Davinta a SME lending platform to provide credit facilities for affiliated retailers. Both the organizations will provide MSME and Kiranas with a buy now pay later (BNPL) credit facility. Davinta is headquartered in Bangalore and was founded by former Flipkart CTO Ravi Garikipati and American entrepreneur Raj Vattikuti.