Which of the bank has partnered with Athletics Federation of India (AFI) to support women athletes of the country, especially the youngsters.

Current Affairs Banking Difficulty: Medium
Choose an option
  • A
    HSBC
  • B
    Citi Bank
  • C
    BNP Paribas
  • D
    DBS Bank India Limited
  • E
    Deutsche Bank

Answer

Correct Answer: HSBC

Explanation

### Concept & Fact Corporate partnerships play a significant role in funding and developing sports infrastructure and athlete support programs in India. ### Step-by-Step Solution * The Athletics Federation of India (AFI) sought partnerships to enhance support specifically targeted at women athletes. * In August 2022, they announced a major collaboration with a leading international bank. * The bank that stepped forward as a key sponsor to focus on turning the vision into reality by promoting and supporting women athletes in India is HSBC (HSBC India). ### Exam Strategy & Shortcut For sports sponsorships, large multinational banks often partner with national federations. Associate AFI's initiative for *women athletes* specifically with HSBC. ### Common Pitfall Assuming major Indian public sector banks are the default sponsors. While they do sponsor sports, this specific high-profile initiative for women's athletics was taken up by the multinational bank HSBC. ### Final Answer Therefore, the correct answer is **HSBC**.
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