Which city is the venue of the ICT Academy Bridge 2019 conference?
Options
A. Jaipur
B. New Delhi
C. Pune
D. Chennai
Correct Answer
Chennai
Explanation
In Tamil Nadu, the 37th edition of the ICT Academy Bridge 2019 conference was held in Chennai with theme "Fostering India for Industry 4.0".
Economy problems
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1. Which of the following has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem?
Bharti Airtel has launched a mobile app, "My Circle" in collaboration with FICCI Ladies Organisation (FLO) to assist women in case they face any panic situation or problem. The application will allow women to send SOS alerts to any five of their family or friends in 13 languages by pressing the SOS prompt on the app. The app has been developed by Airtel X labs and was conceptualised by an all-women cross-functional team.
2. Which of the following company won $1bn investment from Toyota, SoftBank fund?
UBER unveiled an investment of $1 billion in U.S. company Uber to drive forward the development of driverless ridesharing services. The latest cash injection, expected to close in the third quarter this year, came amid fevered anticipation of Uber's public share offering which is expected to be the largest in the tech sector for years. Toyota has already invested $500 million in Uber as the firm races Google-owned Waymo and a host of other companies, including major automakers, to develop self-driving vehicles.
3. Name the company which launched One Touch with the help of Google Smart Lock for seamless transactions?
PayPal India used Google Smart Lock and launched its OneTouch experience in India. OneTouch feature permits Indian consumers to register their android device with PayPal and stay logged into PayPal for further PayPal purchases on that device, thus removing the issue of repeated log-ins and enabling a seamless payments experience. The integration with Google Smart Lock will offer a hassle-free payment procedure as well as maintain security to prevent fraud. India becomes the first market where the feature of Google Smart Lock has been integrated.
4. Which Digital payments has acquired Wibmo recently?
PayU, Digital payments security and payment facilitator has acquired Wibmo, a US-based financial technology for USD 70 million to assist the company scale-up its business. Under the agreement, Wibmo will continue to serve all of its clients as a wholly-owned subsidiary of PayU. The accession integrates PayU's strong merchant network and "Wibmo" leadership for digital transaction security solutions to offer payments solutions in India for growth markets.
5. Who has collaborated with MobiKwik to launch a smart digital insurance product to enhance financial inclusion?
Mobikwik, digital financial services company collaborated with pioneer of digital insurance in India, Aegon Life Insurance to launch a Rs 20 smart digital insurance product in order to protect its wallet users from death and accident related disability cover for up to Rs 2 lakh. he main objective for this initiative is to improve the insurance penetration in India (this is currently at 3.7%) , that is to drive financial inclusion for the masses. The company has created 3 variants of the amount assured between Rs. 1 lakh, Rs.1.5 lakh and Rs. 2 lakh at no extra cost and the policy can be availed at a premium of Rs 20, Rs 30 and Rs 40 respectively depending on the protection amount and this is issued instantly. The insurance product launched is termed as the Aegon Life Group Term Plus Plan. It is available on MobiKwik App.
6. Madhya Pradesh Chief Minister Kamal Nath launched his government's __________ crore farm debt-waiver scheme named 'Jai Kisan Rin Mukti Yojana'.
Madhya Pradesh Chief Minister Kamal Nath launched his government's Rs 50,000-crore farm debt-waiver scheme named 'Jai Kisan Rin Mukti Yojana'. It is expected to benefit 55 lakh small and marginal farmers. The eligibility cut-off date has been extended to December 12, 2018, from March 31, 2018. Only those farmers who have not registered themselves to pay GST and income tax can avail benefits under this scheme.
7. How much will be allotted under the Pradhanmantri Kisan Samman Nidhi Yojna as per the union Budget 2019?
The Union Minister Piyush Goyal announced various schemes in the Interim Union Budget 2019-20 on February 1, 2019. Government announced fixed yearly income for small and marginal farmers under Pradhanmantri Kisan Samman Nidhi Yojna. This scheme will benefit about 12 crore farmers who have 2 Hectare land. Rupee 6000 per year direct cash transfer in their account. Cash transfer will be given in three equal installments of Rs 2000 each. The benefit under this yojna will be given retrospectively from December 2018. Rs. 75000 crore allotted for this scheme. It is expected to double the farmers income.
8. What is the GDP growth rate of India as per the report of World Bank?
As per the World Bank, India's GDP growth is expected to accelerate moderately to 7.5% in Fiscal Year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. The real GDP growth is estimated at 7.2% in FY18/19, the World Bank said in its latest report on South Asia ahead of the spring meeting of the World Bank and the International Monetary Fund.
9. Who has reduced the UPI transaction charges from 25 paise to 10 paise up to Rs.1,000?
Correct Answer: National Payments Corporation of India
Explanation:
For promoting the adoption of Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) has reduced the transaction fees up to Rs 1,000 by 60%. For UPI transactions up to Rs.1,000, the charge has been cut to 10 paise from 25 paise, and for transactions above Rs.1,000 has been retained at 50 paise. This will help the service provider banks, third-party applications and at the same time will also help the consumers in the long run as more cash backs and incentives can get offered. At present Google Pay, Paytm and PhonePe are aggressively promoting UPI by offering case back and other benefits.
10. As per All India Financial Inclusion Survey (NAFIS) by NABARD more than what per cent of rural households have bank accounts?
All India Financial Inclusion Survey (NAFIS) by NABARD was released. According to the survey; more than 88 per cent of rural householdshave bank accounts. Only about 24per cent of the 88% of rural households use ATM services at least once in three months, 7.4per cent of these households use debit or credit card. 7.5per cent use cheque to make a payment at least once in three months.