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 Q .
Which company to acquire neo bank Avail Finance?
A)
Ola
B)
Uber
C)
Rapido
D)
Zoomcar

Correct Answer : Option (A) - Ola

Note :

Mobility firm Ola has signed an agreement to acquire neo bank "Avail Finance" which provides financial services to the blue-collared workforce and has over 6 million users, the company said on Thursday(24th Mar 2022).
 
The acquisition is a key step in Ola's broader push into the fintech space as it looks to build a mobility-focused financial services business under Ola Financial, it stated.
 
"With this acquisition, Ola Financial Services will further strengthen its play in the credit underserved segments that comprise blue-collar workers such as Ola's driver-partner ecosystem. The deal is subject to shareholder approval," Ola said.
 
With this expansion, Ola will be able to cross-sell multiple lending products to its large driver-partner base.
 
Ola recently invested nearly Rs 800 crores into its financial services business. The company is offering a buy now pay later service, Ola Postpaid, to its four crore customers..

Source : Business Standard

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Published On : March 26, 2022
 Q .
Who has been inaugurated Reserve Bank Innovation Hub (RBIH) in Bengaluru?
A)
Gita Gopinath
B)
Mr Raghuram Rajan
C)
Mr Shaktikanta Das
D)
Nirmala Sitharaman

Correct Answer : Option (C) - Mr Shaktikanta Das

Note :

* As per RBI, the hub is an investment for the future
* The central bank added that the hub would bring convergence among stakeholders - BFSI Sector, Start-up ecosystem, Regulators & Academia
* It has been set up with an initial capital contribution of ₹100 crore
 
Nearly 1.5 years after announcing it in August 2020, the governor of RBI "Mr Shaktikanta Das" inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru yesterday(24th Mar 2022). 
 
The hub aims to promote and facilitate an environment that accelerates innovation across the financial sectors and will be a wholly-owned subsidiary of the RBI.
 
It has been set up with an initial capital contribution of ₹100 crore, and will have an independent Board with Mr Senapathy (Kris) Gopalakrishnan as Chairman and other persons from industry and academia as members. Mr Gopalakrishnan was the co-founder and former co-Chairman of Infosys..

Source : India Times

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Published On : March 26, 2022
 Q .
Name the secretary general of NATO whose tenure has been extended for one year till 2023?
A)
Olaf Scholz
B)
Jens Stoltenberg
C)
Antony Blinken
D)
Volodymyr Zelenskyy

Correct Answer : Option (B) - Jens Stoltenberg

Note : The North Atlantic Treaty Organization (NATO) has approved an extension in the tenure of its Secretary-General Jens Stoltenberg by a year until September 30, 2023.

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Published On : March 26, 2022
 Q .
Government has organised the 10-days long "Bharat Bhagya Vidhata" festival at which place to showcase the heritage, culture and diversity of India?
A)
India Gate
B)
Red Fort
C)
Sansad Bhavan
D)
Rashtrapati Bhavan

Correct Answer : Option (B) - Red Fort

Note : Union Minister of Women and Child Development, Smriti Irani inaugurated the ten-day mega Red Fort Festival, ‘Bharat Bhagya Vidhata’ at Red Fort in Delhi on March 25, 2022.

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Published On : March 26, 2022
 Q .
Which state has topped the NITI Aayog's Export Preparedness Index 2021?
A)
Gujarat
B)
Tamil Nadu
C)
Maharashtra
D)
Uttar Pradesh

Correct Answer : Option (A) - Gujarat

Note : Gujarat has retained the top position in the second edition of NITI Aayog’s Export Preparedness Index 2021. The first edition was released in 2020.

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Published On : March 26, 2022
 Q .
Which institute Centre for Digital Transformation sets up retail tech consortium?
A)
IIM Bangalore
B)
IIM Lucknow
C)
IIM Kozhikode
D)
IIM Ahmedabad

Correct Answer : Option (D) - IIM Ahmedabad

Note :

The Centre for Digital Transformation at Indian Institute of Management Ahmedabad (IIMA), a premier global management institute, has recently set up a Retail Tech Consortium and plans to collaborate with several retail and technology organisations in India. The consortium will work towards sharing deep knowledge, research, and setting up industry best practices for better collaboration amongst retail tech players in the country. Flipkart, the India-based e-commerce marketplace, has joined as a principal partner for the inaugural year of the consortium, bringing its industry knowledge and experience and consumer insights in the internet ecosystem to contribute to this effort.
 
In the past two years of the pandemic, the retail sector has undergone massive adaptation. Digitalisation of retail has happened at a fast pace and has impacted both online and traditional retailers. This consortium will largely bring to the fore unbiased voices of customers on the digitalisation of retail in the country which will help retailers understand their consumers better..

Source : Telegraph India

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Published On : March 25, 2022
 Q .
Indian Army with ___________ Police conducted "Suraksha Kavach 2" Exercise?
A)
Gujarat
B)
Karnataka
C)
Maharashtra
D)
Uttar Pradesh

Correct Answer : Option (C) - Maharashtra

Note : Indian Army’s “Agnibaaz Division” organized a joint exercise “Suraksha Kavach 2” with Maharashtra Police at Lullanagar, Pune. The exercise aimed to counter any terrorist actions in Pune. The exercise involved the participation of the Counter-Terrorism Task Force (CTTF) of the Indian Army, Anti-Terrorism Squad of Maharashtra Police along with Quick Reaction Teams (QRTs), Dog Squads, and Bomb Disposal Teams of both agencies. The exercise aimed to harmonize the drills and procedures undertaken by Army and Police to counter-terrorism.

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Published On : March 25, 2022
 Q .
United Nations has designated which day to be observed as the International Day of Solidarity with Detained and Missing Staff Members?
A)
23rd March
B)
24th March
C)
25th March
D)
26th March

Correct Answer : Option (C) - 25th March

Note :

The United Nations observes the International Day of Solidarity with Detained and Missing Staff Members on 25th March every year. This is a day to mobilize action, demand justice and strengthen our resolve to protect UN staff and peacekeepers, as well as our colleagues in the non-governmental community and the press.
 
The International Day of Solidarity with Detained and Missing Staff Members has taken on even greater importance in recent years, as attacks against the United Nations intensify. This is a day to mobilize action, demand justice and strengthen our resolve to protect UN staff and peacekeepers, as well as our colleagues in the non-governmental community and the press.
 
History of the day : The International Day of Solidarity with Detained and Missing Staff Members is marked each year on the anniversary of the abduction of Alec Collett, a former journalist who was working for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) when he was abducted by armed gunman in 1985. His body was finally found in Lebanon’s Bekaa Valley in 2009.

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Published On : March 25, 2022
 Q .
Which state has topped NITI Aayog's Export Preparedness Index 2021?
A)
Goa
B)
Gujarat
C)
Telangana
D)
Karnataka

Correct Answer : Option (B) - Gujarat

Note : Gujarat has topped NITI Aayog's Export Preparedness Index (EPI) 2021 for the second consecutive time, while Maharashtra has been ranked second and Karnataka has been ranked third. NITI Aayog released EPI 2021 in partnership with the Institute of Competitiveness on March 25, 2022.

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Published On : March 25, 2022
 Q .
Which among the following state tops among the Himalayan states in the Export Preparedness Index 2021?
A)
Uttarakhand
B)
Uttar Pradesh
C)
Meghalaya
D)
Himachal Pradesh

Correct Answer : Option (A) - Uttarakhand

Note :

Uttarakhand has been ranked at the top among the Himalayan states in NITI Aayog's Export Preparedness Index 2021 with a score of 40.79. Himachal Pradesh is ranked second with a score of 40.43, while Tripura is third with 27.46.

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Published On : March 25, 2022
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