Thursday, 14 September 2017

Daily GK Update 14th September 2017




i. The International Day of Democracy is observed across the world on 15 September. The theme for the year 2017 is ‘Democracy and Conflict prevention’.
ii. This year's theme focuses on the critical need to strengthen democratic institutions to promote peace and stability. It is organized by the United Nations.

Important Takeaways from Above News-
  • Antonio Guterres is the Secretary-General of the United Nations.


i. Environmental Minister Dr. Harsh Vardhan inaugurated a two-day conference on “Sustainable landscapes and forest ecosystems: Theory to Practice”.
ii. Dr. Harsh Vardhan launched the “Wood is Good” campaign on the occasion. Wood is a climate-friendly material, as it is a renewable resource, having zero carbon footprint.


i. India has started 'Operation Insaniyat' to provided assistance to Bangladesh in response to the humanitarian crisis being faced on account of the large influx of Rohingya refugees into that country from Myanmar.
ii. The first tranche of India’s relief aid for the Rohingya refugees in Bangladesh arrived and was handed over by the Indian envoy Harsh Vardhan Sringla to the General Secretary of ruling Awami League, Obaidul Quader.

Important Takeaways from Above News-
  • Sheikh Hasina is the PM of Bangladesh.
  • Abdul Hamid is the President of Bangladesh.


i. Wholesale inflation rose to a four-month high of 3.24 per cent in August as prices of food articles, led by onions and vegetables, soared. Inflation based on the Wholesale Price Index was 1.88 per cent in July 2017 and 1.09 per cent in August 2016.
ii. The last such high level of inflation was witnessed in April when the rate of price rise was 3.85 per cent.

Important Takeaways from Above News-
  • Arun Jaitley is the current Finance Minister of India.


i. Corporate Affairs Ministry and Central Board of Direct Taxes (CBDT) has signed an MoU for automatic and regular exchange of information to curb the menace of shell companies, money laundering and black money in the country.
ii. The MoU will enable sharing of specific information such as PAN number data in respect of corporates, Income Tax returns of corporates, financial statements filed with the Registrar by corporates, audit reports, and statements of financial transactions received from banks relating to corporates.

Important Takeaways from Above News-
  • Sushil Chandra is the Chairman of CBDT.
  • Arun Jaitley is the present Minister of Corporate Affairs.


i. Hongkong and Shanghai Banking Corporation (HSBC) has entered into an agreement with microfinance industry association Sa-Dhan to develop digital ecosystem for India's unbanked segment. 
ii. The bank will provide technical expertise to train and educate microfinance consumers at the grassroots level and introduce digital banking to promote easier and time-efficient financial transaction among the so-called bottom-of-the-pyramid customer.

Important Takeaways from Above News-
  • HSBC Headquarters in London, United Kingdom.
  • HSBC was established in 1865 to finance trade between Europe and Asia
  • Douglas Flint is the Group Chairman of HSBC Holdings plc.

i. Tech giant Google is announced to unveil a digital payment service in India that has been developed for the local market. In July, National Payments Corporation of India (NPCI) had stated that Google had completed the testing of its UPI payment service and was awaiting Reserve Bank of India’s approval to launch its service in the country.
ii. Google is looking at launching a payment service ‘Google Tez’, which will include support for Unified Payments Interface (UPI) as well as mobile wallets like Paytm and MobiKwik. 

Important Takeaways from Above News-
  • UPI allows consumers to transfer money from one bank to another using a virtual address.
  • There is no need of account number, IFSC code or MMID to carry out the transfer.


i. Former United Nations (UN) Secretary-General Ban Ki-moon was elected as Chair of Ethics Commission of the International Olympic Committee (IOC) for a four-year term. Ban succeeds Youssoupha Ndiaye of Senegal whose term has come to an end.
ii. His appointment was proposed by the IOC Executive Board and was approved during the IOC Session in Lima with a 74-4 majority.

Important Takeaways from Above News-
  • Ban Ki-moon was the eighth Secretary-General of the United Nations.
  • The president of IOC is Thomas Bach.


i. Guillermo del Toro’s 'The Shape of Water' was awarded the Golden Lion at the 74th Venice Film Festival. The film, a romantic monster movie starring Sally Hawkins and Michael Shannon, premiered on the Lido on August 31, declared as the best movie.
ii. It’s also the first English-language movie to win Venice’s top prize since Sofia Coppola’s Somewhere in 2010. 

List of Awards are as follows-
1. Golden Lion - Best Movie
The Shape of Water, directed by Guillermo del Toro
2. Grand Jury Prize
Foxtrot, directed by Samuel Maoz
3. Silver Lion - Best Director
Xavier Legrand (for Jusqu’à la Garde)
4. Volpi Cup - Best Actress
Charlotte Rampling (for Hannah)
5. Volpi Cup - Best Actor
Kamel El Basha (for The Insult)


i. The Indian Olympic Association (IOA) formally awarded to Goa the rights to host the 36th National Games. The announcement was made by the state sports minister Manohar Ajgaonkar.
ii. Ajgaonkar stated that IOA Secretary General Rajeev Mehta, in a letter to Chief Minister Manohar Parrikar, had formally conferred the rights to the state to host the sporting event in November 2017.

Important Takeaways from Above News-
  • The National Games were formerly known as the Indian Olympic Games.
  • The first Modern National Games on the lines of the Olympics were held in 1985 in New Delhi.


i. Indian women's boxing's first foreign coachStephane Cottalorda, has resigned after just one month of appointment, alleging delay in salary and other payments.
ii. Cottalorda has claimed in his resignation letter that he hasn't been paid his salary for the first month in full and has also cited 'lack of professionalism' on part of Boxing Federation of India (BFI) as his reasons for not coming back to India.

Important Takeaways from Above News-
  • Ajay Singh is the current President of BFI.


i. The book titled 'Unstoppable: My Life So Far' authored by tennis star Maria Sharapova was unveiled. The book talks about Sharapova’s rise from nowhere to tennis stardom, and the unending fight to stay on top.
ii. The book tells how a seventeen-year-old Maria Sharapova became an overnight sensation by defeating the two-time defending champion Serena Williams to win the prestigious Wimbledon.

Important Takeaways from Above News-

  • Maria Sharapova is a Russian professional tennis player.
  • She is one of ten women, and the only Russian, to hold the career Grand Slam.
  • According to Forbes, she has been named highest paid female athlete in the world for 11 consecutive years.


i. Frank Vincent, who played tough guys and mobsters in "The Sopranos" and a number of director Martin Scorsese movies, died at age 80.
ii. In 2006, Vincent wrote the nonfiction book 'A Guy's Guide to Being a Man's Man'. "The Death Collector," was his debut movie.

ENGLISH CLASS



Directions (1-15): In the following sentences each contains two blanks, indicating that something has been left out of the sentence. Each answer choice contains one word or a set of words. Select the word or set of words, that, when inserted in the blank(s), best fits the context of the sentence.


Q1. Credit rating agencies may be in for a _____ ride as the Securities and Exchange Board of India continues to ____  the screws on them. 
(a) tight, open
(b) tough, tighten
(c) critical, open
(d) tough, flow
(e)  new, fix

S1. Ans.(b)
Sol. Option B is the correct choice.

Q2. The new rules, if they come into _____, may not have any substantial ______ on the quality of credit rating in India. 
(a)race, hold
(b)force, manner
(c) act, understand
(d) Force, impact
(e) limelight, accent

S2. Ans.(d)
Sol. force, impact gives coherent meaning to the sentence.

Q3. The Congress delegation, which is ______ to visit the Kashmir Valley next week, is holding a wide-ranging interaction with civil society groups to “understand the ______ ground realities.”
(a)writing, coming
(b)proposing, sequence
(c) planning, changing
(d)exclaiming, transition
(e) activating, new

S3. Ans.(c)
Sol. planning, changing gives coherent meaning to the sentence.

Q4. West Bengal’s Tourism Department is sprucing up the city’s brand _____at airports and railway stations and has launched a mobile app to help tourists do some serious pandal-hopping ______  the festive season. 
(a) Image, during
(b) verdict, over
(c) call, around
(d) view, from
(e) image, among

S4. Ans.(a)
Sol. Image, during gives coherent meaning to the sentence.

Q5. About two dozen major Pujas go thematic _____  year in Kolkata, modeled after such things as Buddhist temples and terracotta icons, and in the past, paid _____ to Satyajit Ray and the Ambassador car.
(a)every, bow
(b)new, depth
(c)each, tribute
(d)every, concise
(e) each, contributing

S5. Ans.(c)
Sol. each, tribute gives coherent meaning to the sentence.

Q6. The statute would also cover natural features of environmental _____ and sites of scenic beauty and provide for conservation and protection of areas which are environmentally _____ .
(a)contribution, prone
(b)significance, sensitive
(c) significant, vulnerable
(d) call, demanded
(e) need, high

S6. Ans.(b)
Sol. significance, sensitive gives coherent meaning to the sentence.

Q7. The All India Brahmin Federation (AIBF) has ______ abolition of caste-based reservation and implementation of a new reservation policy _____  on economic status.
(a)called, beside
(b)demanded, based
(c)viewed, basic
(d)signed, demanded
(e) voiced, starting

S7. Ans.(b)
Sol. Demanded, based gives coherent meaning to the sentence.

Q8. The rain ____ debris and destruction in its wake, with tree-fall and heavy inundation in several _____  of the city.
(a)left, cycle
(b)caused, partition
(c)made, rows
(d)left , parts
(e)concluded, signals

S8. Ans.(d)
Sol. left ,parts give coherent meaning to the sentence.

Q9. A health inspector in a village on the district’s border with Malappuram said many cases of throat infection were being ____ to the Medical College Hospital, Kozhikode, on the _____ that they had diphtheria.
(a)referred, suspicion
(b)called, idea
(c)sent, suspended
(d)distributed, hint
(e)noticed, clue

S9. Ans.(a)
Sol. referred, suspicion gives coherent meaning to the sentence.

Q10. Recently, the State government had announced its decision to ____  the distance limit for setting up bars near the education institutions and _____  of worship.
(a)reveal, area
(b) withdraw,  amount
(c) relax, places
(d)takeout, temple
(e) put off, origin

S10. Ans.(c)
Sol. relax, places give coherent meaning to the sentence.

Q11. The term “personal information”  can be understood in a _____sense, which includes not only identity information but also other _____ about a person, for instance where she travels, whom she talks to on the phone, how much she earns, what she buys, her Internet browsing history, and so on.
(a)wider, questions
(b)complex, relationships
(c)easier, data
(d)broader ,information
(e) slight, styles

S11. Ans.(d)
Sol. broader, information gives coherent meaning to the sentence.

Q12.  The Centre’s decision to put unruly air passengers on a no-fly list _____ from three months to a lifetime, depending upon the ______ of the offense, is stringent but welcome. 
(a)starting, intention
(b)making, gravity
(c) ranging, gravity
(d) increasing, cause
(e)alleviating, meaning

S12. Ans.(c)
Sol.  ranging, gravity gives coherent meaning to the sentence.

Q13. The unanimous judgment of nine distinguished judges, who held that privacy is _____ to human dignity and not a constitutional largesse to be withdrawn at will by the state, elevates privacy to the pinnacle in the hierarchy of _____ rights.
(a)section, human
(b)connection, demanded
(c)Integrity, simple
(d) integral, human
(e) sequence, basic

S13. Ans.(d)
Sol. integral, human gives coherent meaning to the sentence.

Q14. A less noticed but significant _____ of the privacy ruling is a disclaimer of judicial power to introduce new constitutional rights in the _____ of the court’s judicial review jurisdiction. 
(a)idea, development
(b) feature, exercise
(c) saying, application
(d)output, deployment
(e) part, exercising

S14. Ans.(b)
Sol. feature, exercise gives coherent meaning to the sentence.

Q15. While incidents of egregious behavior by VIPs and unruly passengers have not been _____ events, passenger anger has also been a ______ of airline inefficiencies.
(a) isolated, consequence
(b)famous, resultant
(c)well known, right
(d)forgettable , pattern
(e)ignorable, way

S15. Ans.(a)
Sol. isolated, consequence gives coherent meaning to the sentence.


Reasoning Ability



Directions (1-5): These questions are based on the following information. Read the information carefully and answer the questions given below.
Seven friends, viz Sonu, Monu, Deepu, Siddhu, Anuj, Namit and Tinku are pursuing their M.Phil in different subjects—Maths, History, Political Science, Chemistry, Economic, Accounts and Geography but not necessarily in the same order. They study in three different universities, viz P, Q and S. At least two friends study in the same university. Siddhu is studying Political Science in university P. The one who is studying History is not from university S. Tinku is studying Geography in university Q with only Monu. Sonu is not studying Economics and is not from university P. Namit is studying Accounts and is not from university P. Anuj is studying Chemistry but not from university P. No one studies Maths or Economics in University P.
Siddhu is studying Political Science in university P. The one who is studying History is not from university S. Tinku is studying Geography in university Q with only Monu. Sonu is not studying Economics and is not from university P. Namit is studying Accounts and is not from university P. Anuj is studying Chemistry but not from university P. No one studies Maths or Economics in university P.

Q1. Which of the following represents the group that studies in university S?
(a) Siddhu, Monu
(b) Deepu, Namit, Anuj
(c) Sonu, Anuj
(d) Anuj, Namit, Sonu
(e) None of these

Q2. Deepu is studying in which of the following universities?
(a) P
(b) Q
(c) S
(d) Can’t be determined
(e) None of these

Q3. Which of the following combinations is true?
(a) Sonu—Economics—university S
(b) Monu—History—university Q
(c) Deepu—History—university S
(d) Anuj—Chemistry—university Q
(e) None of the above

Q4. Monu studies which subject in M.Phil?
(a) History
(b) Maths
(c) Economics
(d) Can’t be determined
(e) None of these

Q5. Who among the following is studying History in M.Phil?
(a) Monu
(b) Deepu
(c) Namit
(d) Sonu
(e) None of these

Solution(1-5):


S1. Ans.(d)
Sol.

S2. Ans.(a)
Sol.

S3. Ans.(e)
Sol.

S4. Ans.(c)
Sol.

S5. Ans.(b)
Sol.

Directions (6-10): In the following questions, the symbols @, ©, %, δ and # are used with the following meaning as illustrated below.
‘P % Q’ means ‘P is not greater than Q’.
‘P δ Q’ means ‘P is neither greater than nor smaller than Q’.
‘P # Q’ means ‘P is neither greater than nor equal to Q’.
‘P © Q’ means ‘P is not smaller than Q’.
‘P @ Q’ means ‘P is neither smaller than nor equal to Q’.
Now, in each of the following questions assuming the given statements to be true, find which of the two Conclusions I and II given below them is/are definitely true?
Give answer
(a) If only Conclusion I is true
(b) If only Conclusion II is true
(c) If either Conclusion I or II is true
(d) If neither Conclusion I nor II is true
(e) If both Conclusion I and II are true


Q6. Statements: R © T, T @ M, M δ D
Conclusions:
I. D # T
II. M # T

Q7. Statements: B @ N, N % R, R © F
Conclusions:
I. B @ F
II. N # F

Q8. Statements: D # T, T @ R, R © M
Conclusions:
I. M # D
II. M # T

Q9. Statements: K δ H, H % F, F # J
Conclusions:
I. F © K
II. J © H

Q10. Statements: W @ G, N © G, N % V
Conclusions:
I. W @ N
II. V © G

Solution(6-10):

S6. Ans.(e)
Sol. Statement- R ≥ T > M =D
        Conclusion I- D < T (True)
       Conclusion II- M < T (True)

S7. Ans.(d)
Sol. Statement- B >N ≤ R ≥ F
        Conclusion I- B > F (false)
       Conclusion II- N <F (false)

S8. Ans.(b)
Sol. Statement- D <T >R ≥ M
        Conclusion I- M <D (false)
       Conclusion II- M<T (True)

S9. Ans.(a)
Sol. Statement- K = H ≤ F < J
        Conclusion I- F ≥ K (True)
       Conclusion II- J ≥ H (false)

S10. Ans.(b)
Sol. Statement- W > G ≤ N ≤ V
        Conclusion I- W > N (false)
       Conclusion II- V ≥ G (True)

Directions (11-13): Read the following information carefully and answer the questions which follow.
If ‘A × B’ means ‘A is father of B’.
If ‘A + B’ means ‘A is wife of B’.
If ‘A ÷ B’ means ‘A is daughter of B’. 
If ‘A – B’ means ‘A is son of B’.

Q11. How is Q related to L in the expression ‘L ÷ M × O – P ÷ Q’?
(a) Granddaughter 
(b) Niece
(c) Daughter-in-law
(d) Daughter
(e) Cannot be determined

S11. Ans.(e)
Sol.



Q12. What will come in the place of the question mark, to establish that O is the nephew of T in the expression ‘O ? R ÷ S × T’?
(a) +
(b) ×
(c) –
(d) ÷
(e) Either – or ÷



S12. Ans.(c)
Sol.


Q13. Which of the following relations are true based upon the relations given in the equation: ‘A – B × C + D – E’?
(a) C is mother of A
(b) E is wife of B
(c) D is brother of A
(d) E is mother-in-law of C
(e) None is true



S13. Ans.(e)
Sol.


Q14. How many such digits are there in the number 521468, remain unchanged after the digits are arranged in ascending order?
(a) None
(b) One
(c) Two
(d) Three
(e) More than three



S14. Ans.(d)
Sol.


Q15. B is sister of D, D is sister of M. M is brother of K. K is father of C. How is K related to B?
(a) Brother 
(b) Sister
(c) Brother or Sister
(d) Data inadequate
(e) None of these

S15. Ans.(a)
Sol.

general awareness


Q1. Name the Indian-origin actor who will be felicitated with the Asia Society 2017 Asia Game Changers Award in New York.
(a) Kal Penn
(b) Dev Patel
(c) Aziz Ansari
(d) Padma Lakshmi
(e) M. Night Shyamalan
S1. Ans.(b)
Sol. Indian-origin actor Dev Patel is to be honoured by a leading educational organization for making a “transformative and positive” difference for the future of Asia and the world. London-born Dev Patel, who became popular with his debut film Slumdog Millionaire, will be felicitated with the Asia Society 2017 Asia Game Changers Award at a ceremony to be held at the United Nations, New York, in November 2017.

Q2. The Legislative Assembly of which state has recently passed a bill which reclassifies coconut as a 'tree', ensuring legal protection for it?
(a) Kerala
(b) Karnataka
(c) Maharashtra
(d) Goa
(e) Andhra Pradesh
S2. Ans.(d)
Sol. The Goa Legislative Assembly was passed a bill which reclassifies coconut as a 'tree', ensuring legal protection for it. Goa Forward Party, a partner in the Manohar Parrikar-led government, had promised to reclassify coconut.

Q3. Name the Bollywood Celebrity who has been signed in as a brand ambassador by a health and wellness startup Cure.fit in a deal worth Rs 100 crore.
(a) Amir Khan
(b) Imran Khan
(c) Hrithik Roshan
(d) Abhishek Bachchan
(e) Ajay Devgan

S3. Ans.(c)
Sol. Hrithik Roshan has been signed as a brand ambassador by a health and wellness startup Cure.fit in a deal worth Rs 100 crore. The actor will be associated with the brand for five years.
Q4. The Nagasaki Day is observed across the world on _____________.
(a) 9 August
(b) 5 August
(c) 6 August
(d) 10 August
(e) 11 August
S4. Ans.(a)
Sol. On August 9, 1945, the second bomb—“Fat Man”—was dropped on Nagasaki (Japan), incinerating the city and its unexpecting inhabitants.
Q5. _________ are the market operations conducted by the RBI with an objective to adjust the rupee liquidity conditions in the market on a durable basis.
(a) Open Market Operations (OMOs)
(b) Capital Market Operations
(c) When Issued Market
(d) All of the Above
(e) Monetary Policy
S5. Ans.(a)
Sol. Open Market Operations (OMO’s) conducted by the RBI by way of sale/ purchase of Government securities to/ from the market. When the RBI feels there is excess liquidity in the market, it resorts to sale of securities thereby sucking out the rupee liquidity. Similarly, when the liquidity conditions are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.
Q6. Which Act was framed specially to deal with Non-Performing Assets (NPA)?
(a) Banking Regulation Act 1949
(b) Foreign Exchange Management Act (FEMA) 1999
(c) Industrial Disputes Act 1947
(d) SARFAESI Act, 2002
(e) None of the given options is true
S6. Ans.(d)
Sol. SARFAESI Act (The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002) was enacted to regulate securitization and reconstruction of financial assets and enforcement of security interest created in respect of Financial Assets to enable realization of such assets. The SARFAESI Act provides for the manner for enforcement of security interests by a secured creditor without the intervention of a court or tribunal. If any borrower fails to discharge his liability in repayment of any secured debt within 60 days of notice from the date of notice by the secured creditor, the secured creditor is conferred with powers under the SARFAESI Act.
Q7. In Notice Money Market, the tenor of the transactions is from ________.
(a) 2-7 days
(b) 2-14 days
(c) 2-21 days
(d) 2-28 days
(e) 2-90 days
S7. Ans.(b)
Sol. In money market, the amount that is lent for one day is known as “call money” and, if it exceeds one day or two days to 14 days is referred to as “notice money.”
Q8. Name the e-commerce company that has launched 'Budding Star Program', an exclusive program aimed at its employees to help them achieve their dreams by providing them financial assistance and paid leave.
(a) Amazon
(b) Snapdeal
(c) Bechdo.com
(d) Yatra.com
(e) Flipkart

S8. Ans.(e)
Sol. Flipkart has launched 'Budding Star Programme', an exclusive programme aimed at Flipkart employees to help them achieve their dreams by providing them financial assistance and paid leave.
Q9. Name the Indian-American who has been appointed to a key position of Deputy Comptroller for Minority Affairs in New York's Nassau County.
(a) Lata Mangesh
(b) Dilip Chauhan
(c) Mehek Gulati
(d) Rahul Gupta
(e) Sameer Roman

S9. Ans.(b)
Sol. Indian American Dilip Chauhan has been appointed to a key position of Deputy Comptroller for Minority Affairs in New York's Nassau county.
Q10. India has recently celebrated the 75th anniversary of the Quit India Movement. What is the theme of this year?
(a) Sankalp Se Vriddhi
(b) Sankalp Se Parinam
(c) Sankalp Se Siddhi
(d) Sankalp Se Vikas
(e) Sankalp Se Kamaal
S10. Ans.(c)
Sol. India has celebrated the 75th anniversary of the Quit India Movement (on 9 August). This year’s theme is “SANKALP SE SIDDHI"- the Attainment through Resolve. Prime Minister Narendra Modi in his recent Mann Ki Baat program had called for launching the mega campaign Sankalp Se Siddhi.
Q11. Name the lender who has recently launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner.
(a) SBI
(b) HDFC Bank
(c) IDBI Bank
(d) ICICI Bank
(e) Axis Bank
S11. Ans.(d)
Sol. The country's largest private sector lender, ICICI Bank, launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner. The bank has opened up this offering to a few lakh of pre-qualified customers who can apply for the card online and generate card details and start shopping online instantly.
Q12. Bandipur National Park is situated in which of the following Indian state? 
(a) Karnataka
(b) Kerala
(c) West Bengal
(d) Uttar Pradesh
(e) Madhya Pradesh
S12. Ans.(a)
Sol. Bandipur National Park, an 874-sq.-km forested reserve in the southern Indian state of Karnataka, is known for its small population of tigers. Once the private hunting ground of the Maharajas of Mysore, the park also harbors Indian elephants, spotted deer, gaurs (bison), antelopes and numerous other native species.
Q13. World Heritage Day is observed on which of the following date? 
(a) April 18
(b) April 7
(c) April 27
(d) April 28
(e) April 21

S13. Ans.(a)
Sol. Every year World Heritage Day (WHD) is celebrated on 18th April to appreciate that Heritage is the shared wealth of humankind and of societies. Our monuments and sites can only be protected with the collective efforts of the international community.
Q14. Which city is served by Swami Vivekananda Airport? 
(a) Tirupati
(b) Tezu
(c) Raipur
(d) Gangtok
(e) Agra
S14. Ans.(c)
Sol. Swami Vivekananda Airport is the primary airport serving the state of Raipur, Chhattisgarh. The airport is centrally located at Mana, 15 km south of Raipur between the old city and the new seat of the state government Naya Raipur. It is the 28th busiest airport in India.
Q15. With which of the following digital payments company Private sector lender IDFC Bank has partnered to launch ‘IDFC Bank Benefits’?
(a) Zeta
(b) Beta
(c) Paytm
(d) MobiKwik
(e) FreeCharge
S15. Ans.(a)
Sol. Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch ‘IDFC Bank Benefits’. It is a payment solution for corporates that digitizes employee spends and claims, making the process simple, real-time and paperless.