UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Digital Economy and GST & Economic Survey - 2017

  • question_answer
          Which public sector bank has launched mobile wallet "Bataua" for digital payments?

    A) Oriental Bank of Commerce (OBC)

    B) Punjab National Bank (PNB)

    C) Canara Bank

    D) Central Bank of India (CBI)

    Correct Answer: A

    Solution :

    The Oriental Bank of Commerce (OBC) has launched mobile wallet 'Oriental Batuaa' for digital payments for its? bank customers on its 75th Foundation Day. Besides this, OBC has also launched two new cards - 'Oriental Premium card' is a RuPay based Platinum international debit card with airport lounge access and the other card- 'Oriental Prepaid Card' is a RuPay card for individuals and corporates. Apart from this, it has also launched two MSME schemes -?Oriental Sanjeevani? and ?Oriental Budget Hotels and Restaurants?. Oriental Sanjeevani is a specialised scheme for doctors for setting up new hospitals and clinics. The other scheme is for individuals, proprietors, companies etc for setting up new hotels, restaurants, lodges, motels etc.


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