B) American Express Explanation: India‘s largest lender State Bank of India (SBI) and American Express have entered into alliance to expand AmEx card acceptance in India.

1 Answer

Answer :

RBI has launched new restructuring tool „S4A‟ to raise banks‟ moral hazard risk. What is it? A) Scheme for Systematic Structuring of Stressed Assets B) Scheme for Sustainable Structuring of Stressed Assets C) Scheme for Sustainable Structuring of Scholastic Assets D) Scheme for Sustainable Strength of Stressed Assets E) None of these

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Last Answer : D) MasterCard Explanation: India s largest bank, State Bank of India (SBI) and MasterCard announced pilot launch of a distribution alliance with travel prepaid cards distributor Centrum. This ... for it s multicurrency prepaid card and will largely target the corporate customers of the bank.

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Last Answer : C) SBI Explanation: This allows customers a contactless payment experience, adding more speed and suave to their wallets. The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands.

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Last Answer : B) HDFC Bank Explanation: Times Internet (part of Bennett, Coleman & Co that owns The Economic Times), in partnership with HDFC Bank, announced the launch of a co-branded card on Thursday called the Times Points Debit Card.

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Last Answer : What’s a serve card?

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