Quiz And Explanation SMQUIZ033

1. Which of the following launched ‘100x100x100’ programme?

a. Microsoft
b. Facebook
c. Google
d. Twitter

S-a

EXPLANATION-

• Microsoft announced the launch of a “100x100x100” programme aimed at the B2B startups in India.
• Under the new initiative, Microsoft will bring together 100 companies and 100 “early and growth” startups that have “enterprise-ready solutions” to offer.
• Participating companies will commit to spend $100,000 in the next 18 months on solutions offered by the SaaS(Software as a Service) startups.

2. In accordance with the report by online payment processor Worldline India titled “Wordline India Digital Payments 2019”, which of the following accounted for the highest number of digital transactions in India in 2019?

a. Bengaluru
b. Chennai
c. Mumbai
d. Pune

S-a

EXPLANATION-

• In accordance with the report by online payment processor Worldline India titled “Wordline India Digital Payments 2019”, Bengaluru (Karnataka) accounted for the highest number of digital transactions in India in 2019, followed by Chennai (Tamil Nadu), Mumbai and Pune in Maharashtra.
• Among states, Maharashtra has topped with the highest number of digital transactions.It is followed by Karnataka, Tamil Nadu, and Delhi.
• The most preferred mode of payment was United Payments Interface (UPI). It was followed by debit cards, immediate payment service (IMPS), and credit cards, in terms of volume share of digital transactions. UPI is also the fastest payment mode to hit 1 billion monthly transactions.

3. Which of the following launched the Ka-ching card?

a. HDFC bank
b. Axis bank
c. ICICI bank
d. SBI

S-a

EXPLANATION-

• HDFC Bank has joined hands with IndiGo to launch a co-branded credit card, which will effectively work like a loyalty programme for the carrier.
• Labelled Ka-ching, the card will offer many benefits like complimentary air tickets, lounge access, 5 per cent cashback, etc.
• HDFC Bank is by far the largest credit card issuer in the country.

4. The Reserve Bank of India (RBI) announced a DPI. What does it stand for?

a. Digital Payments Index
b. Digitalisation Payments Index
c. Divided Payout Index
d. Dividend Payout Index

S-a

EXPLANATION-

• The Reserve Bank of India (RBI) announced a Digital Payments Index (DPI) to assess and capture the extent of digitalisation of payments effectively.
• The DPI would be based on multiple parameters and shall reflect accurately the penetration and deepening of various digital payment modes.
• The DPI will be made available from July 2020 onwards.

5. Where is the world’s largest cricket stadium situated?

a. Ahmedabad
b. Pune
c. Mumbai
d. Bengaluru

S-a

EXPLANATION-

• Motera Stadium in Ahmedabad, Gujarat became the world’s biggest Cricket stadium after surpassing Melbourne Cricket Ground as the stadium with the biggest crowd holding capacity.
• It has the seating capacity of 1,10,000, more than double of its previous capacity of 54,000.
• It is also called as the Sardar Patel Stadium.
• The Motera stadium was built in 1982 when the Gujarat state government had sanctioned 50 acres of land for the construction.
• The stadium debuted in the international cricket in 1983 when India hosted Clive Lloyd-led West Indies team for a series consisting of six tests and five ODIs.