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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 551. |
Name the software company which signed a Statement of Intent (SOI) with NITI Aayog's Atal Innovation Mission (AIM). |
| Answer» NITI Aayog's Atal Innovation Mission (AIM) and Adobe signed a Statement of Intent (SOI) to collectively drive the charter of developing creative skills and spreading digital literacy across all Atal Tinkering Labs (ATL) in India. 100 schools will be adopted by Adobe under the ATL initiative and will be implementing its Digital Disha Program in ATLs, under which free licenses of Adobe Spark premium shall be offered to ATLs. | |
| 552. |
Indias first policy to protect bank locker was launched by __________. |
| Answer» IFFCO Tokio General Insurance launched 'bank locker protector policy', the first stand-alone bank locker cover offered by any insurance company with a plan to protect the contents of a bank locker such as jewelry, title documents, and other valuables. The policy offers a cover against various risks including fire, earthquake, burglary, holdup, infidelity by a bank staff or any act of terrorism. Important documents kept in a locker can also be insured under the policy as an add-on cover. The policy can be sold both as a retail and a group policy for banks. | |
| 553. |
Which TV channel launched the Rock The Night, a programme for rock music, recently? |
| Answer» Doordarshan today launched Rock The Night, a brand new programme for rock music. This programme will air at DD National from 5th of March. DD has envisioned Rock The Night as a platform for indie rock bands to showcase their talent. The show is dedicated to the soldiers who keep the nation safe. He also expressed his love for artists like Cliff Richards, The Bee Gees, and Smokie. The crept in the Indian indie rock bands. Director General of Doordarshan, Supriya Sahu said, DD is the heartbeat of the nation. DD has come a long way and there is a long way still to go. She praised the team of hardworking youth behind Rock the Night programme. Rock the Night will feature upcoming music bands from Mizoram to Mumbai and from Arunachal to Bangalore. | |
| 554. |
Which company has bagged a Rs 648 crore contract from AAI to build new airport at Rajkot, Gujarat? |
| Answer» Reliance Infrastructure (RInra) has bagged a Rs 648 crore contract from the Airport Authority of India (AAI) to build a new greenfield airport at Hirasar, in Rajkot district of Gujarat. The new airport is being constructed near National Highway-8B connecting Ahmedabad and Rajkot, nearly 36 km from the existing Rajkot Airport. The government recently approved development of the airport at an estimated cost of ₹1,405 crore. The airport must be completed within 30 months from the date of issue of the contract. | |
| 555. |
Which company bagged the International Sustainability Award - 'Green Era Award for Sustainability'? |
| Answer» TVS Motor Company has recently bagged the International Sustainability Award - 'Green Era Award for Sustainability' in Lisbon, Portugal. The company also won the 'Quality and Business Excellence Award' in acknowledgment of its endeavor to create new benchmarks in product quality. The 'Green Era Award for Sustainability' was set up to recognize the true global exemplars who have been innovative and creative in pursuing the sustainable imperative. TVS Motor Company bagged the award because of its sincere commitment towards being a responsible manufacturer. The company has bagged this award for the second time. | |
| 556. |
Which company launches the scheme "SWAGAT" - the Automatic Fare Collection Gating System? |
| Answer» Bharat Electronics Limited (BEL), a defence public sector undertaking, presented SWAGAT - the Automatic Fare Collection Gating System. PM Narendra Modi launched the system as part of the inaugural of Phase-I of the Ahmedabad Metro. SWAGAT is an initiative steered by the Ministry of Housing and Urban Affairs (MoHUA) in collaboration with BEL and Centre for Development of Advanced Computing (CDAC) with the support of Delhi Metro Rail Corporation (DMRC), National Payment Corporation of India (NPCI) and State Bank of India (SBI). | |
| 557. |
Who has become the official partner of VIVO IPL 2019? |
| Answer» Vivo Indian Premier League (IPL) 2019's official partner, TATA Motors, will promote its newly-launched SUV, Harrier, as its lead brand at the event and showcase the SUV by means of the IPL platform. The highest batting strike rate will win the Harrier Super Striker Award in every match and for the season. | |
| 558. |
Who launched a new app 'Bolo' in India to help children in primary school learn to read in Hindi and English? |
| Answer» Tech giant Google has unveiled a new app 'Bolo' that aims to help children in primary school learn to read in Hindi and English. The free app, which is being launched in India first, uses Google's speech recognition and text-to-speech technology. The app features an animated character 'Diya', who encourages children to read stories aloud and helps if the child is unable to pronounce a word. It also lauds the reader when he/she completes the reading. | |
| 559. |
Who sets up 5G Lab for Banking, Financial Sector? |
| Answer» The Institute for Development and Research in Banking Technology (IDRBT), an arm of Reserve Bank of India, has launched a 5G Use Cases Lab for banking and financial sector. The 5G technology, along with blockchain, will be progressively adopted by banks. Department Of Telecommunications had already launched test beds for 5G use in the academia in Hyderabad, Chennai and Bangalore to develop 5G for Indian use. | |
| 560. |
Which Indian multinational steel manufacturing corporation received NCLT nod for taking over Essar Steel at Rs 42,000 Crore? |
| Answer» A resolution plan of Rs. 42,000 crores submitted by ArcelorMittal for acquisition of Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal (NCLT). The approval has been granted 583 days after the beginning of insolvency proceedings, against the mandatory time period of 270 days.The resolution proposal submitted by ArcelorMittal's consists of providing capital to the company, worth Rs 8,000 crore for improving operational efficiencies, increasing production and delivering higher profits. | |
| 561. |
Which social network company launched the Hubs at 20 locations in India to support the start-up ecosystem in the country? |
| Answer» Facebook launched 'Facebook Hubs' at 20 locations in India to support the start-up ecosystem in the country. These hubs will help foster innovation and support for the community by hosting mentor hours and trainings, workshops, roundtable discussions. The company has partnered with co-working company 91springboard. These hubs will be part of a global network for training and mentoring facilities for start-ups, among others. | |
| 562. |
This company has teamed up with the Indian Railways for fly ash transportation. |
| Answer» State-run National Thermal Power Corporation Ltd. (NTPC) has teamed up with the Indian Railways for fly ash transportation. The partnership is to help enhance ash utilisation at Rihand and Vindhyachal Super Thermal Power plants. NTPC had signed a memorandum of understanding with Hazipur-based East Central Railway Zone for transportation of fly ash under Indian Railways' Special Freight Train Operator scheme. | |
| 563. |
Name the Insurance company which launches the Special Mentorship Programme 'Wings'. |
| Answer» Aviva Life Insurance announced the launch of 'Wings', a specially designed mentorship program to empower the female workforce. Wings program is an initiative of the SHE division of Aviva Life Insurance for mentoring all the women employees in Aviva. SHE was started in 2016 by Aviva India's Women Network. | |
| 564. |
Which among the company has received the Best Domestic Water Purifier Award 2018-19? |
| Answer» Kent RO Systems Pvt. Ltd. has received the Best Domestic Water Purifier Award 2018-19 for its RO+UV+UF technology at the Water Digest Water Awards function that was held in New Delhi. The Water Digest Water Awards are given jointly by the Ministry of Water Resources, River Development and Ganga Rejuvenation and UNESCO. Kent had also earlier received awards like Organization of the Year Awards 2017, Best Domestic Water Purifier Award 2016-17, and Asia's Most Promising Brand 2016. | |
| 565. |
With which company, Ministry of Housing and Urban Affairs join hands to promote Project 'Sangam' to boost India's Swachh Bharat Mission? |
| Answer» Microsoft has announced that it has partnered with The Ministry of Housing and Urban Affairs (MoHUA) to promote its Project 'Sangam' which is developed to accelerate Swachh Bharat Mission (SBM) in India. It is one of the world's largest Cleanliness Programme. Project Sangam is a cloud-hosted, mobile-first community learning platform. | |
| 566. |
Reserve Bank of India give a NOD to Bandhan Bank to acquire this company. |
| Answer» Reserve Bank of India provided no objection to Bandhan Bank for the proposed acquisition of Gruh Finance. Gruh Finance Limited is an Ahmedabad headquartered Subsidiary of HDFC Limited. It is a Housing Finance Company (HFC) recognized by the National Housing Bank (NHB) and it was taken over in January by Bandhan Bank in a share-swap deal. India's largest mortgage lender HDFC can hold 9.9% in the bank, according to its exchange filing. That's the maximum a non-banking finance company can own in a private bank. HDFC had sought approval for 14.96%. | |
| 567. |
Along with which online payment company, ICICI Lombard aims to provide protection against unauthorized and fraudulent transactions online? |
| Answer» ICICI Lombard and Mobikwik announced a strategic partnership to provide cyber-insurance cover. The relationship aims to provide protection against unauthorized and fraudulent transactions online, across bank accounts, debit and credit cards. and mobile wallets. MobiKwik users can avail the commercial cyber-insurance policy underwritten by ICICI Lombard and enjoy the benefit of stress-free and secured transactions. It can be availed at Rs 99 per month and with a sum insured of Rs 50,000. | |
| 568. |
Which two car company signed an Agreement to Invest $300 million in Ola? |
| Answer» Hyundai Motor Group and Ola announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will invest a total of $ 300 million in Ola, making it their biggest combined investment to date. The agreement will see the three companies collaborate on developing fleet and mobility solutions, building India-specific electric vehicles and infrastructure, as well as nurturing opportunities and offerings for aspiring driver partners with customized vehicles on the Ola platform. | |
| 569. |
WhatsApp and this organisation join hands to tackle misinformation. |
| Answer» WhatsApp announced that it has tied up with NASSCOM Foundation, to tackle the challenge of misinformation. With this partnership, Whatsapp aims to reach approximately 100,000 Indians with training to spot false information and provide tips and tricks to stay safe on WhatsApp. The company said that the co-created curriculum encourages people to be mindful about forwarding rumors. The training will include real-world anecdotes, tools which can be used to verify a forward and actions users can take like reporting problematic content to fact checkers and law enforcement also the curriculum will be disseminated in multiple regional languages. | |
| 570. |
Vodafone Idea has approved ₹25,000 crore rights issue at how much percentage of discount? |
| Answer» India's largest telecom firm Vodafone Idea announced its board has approved ₹25,000 crore rights issue at a discount of around 60% to the current share prices. Vodafone Group and the Aditya Birla Group would contribute ₹11,000 crore and ₹7,250 crore, respectively. The issue will increase the number of Vodafone Idea shares by 229%. Vodafone Idea stock fell as much as 7.6 per cent to Rs. 29.60, its steepest intraday fall in almost two months. | |
| 571. |
The MNC company which has tied up with Roland-Garros Grand Slam tennis tournament for a three-year strategic technology partnership. |
| Answer» Infosys, a global leader in next-generation digital services and consulting, and Roland-Garros Grand Slam tennis tournament, also called the French Open, announced a three-year strategic technology partnership. The partnership aims to re-imagine the tennis experience for the fans and the players globally. | |
| 572. |
The University of Washington and this company developed a storage device that can translate digital information into DNA. |
| Answer» Microsoft developed a storage device in partnership with the University of Washington that can translate digital information into DNA.The software used in the system converts the 1's and 0's of digital data into DNA sequence (A's, T's, C's and G's) and stored it as a liquid.The device converted the word 'Hello' into DNA which took 21 hours. | |
| 573. |
Which Indian company would provide digital solution for French Open? |
| Answer» Indian technology company Infosys has signed a three-year partnership agreement with Roland-Garros to provide technology solution for tennis tournament The French Open, also called Roland-Garros. The 3-year deal, running from 2019 to 2021, is aimed at enriching the game by providing fans, players and coaches with a new experience leveraging Infosys' expertise in digital technologies such as artificial intelligence, big data and analytics, mobility, virtual and augmented reality. As part of the partnership, Infosys and Roland-Garros will work on several new digitally-enabled experiences. These include a re-imagined fan experience powered by data and analytics, which will enable fans to follow live scores, "feel the pulse" of live matches, delve deeper into match analytics and understand what ultimately influenced the outcome of the match. The tool will be available on the official Roland-Garros website during the tournament. | |
| 574. |
How many Indian oil companies received the ADNOC award? |
| Answer» A consortium of two Indian oil companies, Bharat Petroleum Corporation Limited, and Indian Oil Corporation Limited has been awarded the exploration rights for Abu Dhabi's Onshore Block 1. The Abu Dhabi National Oil Company (ADNOC) signed agreements awarding the exploration rights. The award has been endorsed by Abu Dhabi's Supreme Petroleum Council. | |
| 575. |
Two new India-specific tools "Candidate Connect" and "Share You Voted" was launched by; |
| Answer» Social Media giant, Facebook has launched two new India-specific tools viz. "Candidate Connect" and "Share You Voted" to boost civic engagement on its platform during the Lok Sabha elections 2019 that commence in April. Both these tools will be made available in 12 local languages. Candidate Connect feature will provide contesting candidates to upload 20 second videos in which they can introduce themselves and highlight how they will address outstanding challenges in their constituencies if elected to office. Voters will be able to watch these videos of candidates contesting from their respective constituencies and also from other constituencies. Candidate Connect feature aims to provide an opportunity for candidates to engage with the electorate. | |
| 576. |
Who has launched a cancer screening programme called 'Ummeed' in Hyderabad, Telangana? |
| Answer» CARE Hospitals in association with Piramal Swasthya has launched a cancer screening programme called 'Ummeed' in Hyderabad, Telangana. The initiative that will help in early detection of oral, breast and cervical cancer, will be introduced in Rangareddy in the next 45 days, where in screening will be conducted free of cost. A fully-equipped van will be used to screen people and an all-woman team will educate the rural population about the importance of early detection of cancer. | |
| 577. |
The Indian Air Force (IAF) ordered 40 Light Combat Aircraft (LCA) Tejas fighter from which of the company? |
| Answer» The Indian Air Force (IAF) ordered 40 Light Combat Aircraft (LCA) Tejas fighter from the Hindustan Aeronautics Ltd. (HAL). The State-run Hindustan Aeronautics Ltd (HAL) has rolled out its 16th Light Combat Aircraft (LCA) Tejas fighter in the initial operational clearance (IOC) configuration to be inducted into the fleet of the Indian Air Force (IAF). | |
| 578. |
Which e-commerce company joined hands with google to allow its users to pay via Google Pay? |
| Answer» US-based e-commerce platform eBay has partnered with Google to offer Google Pay as a form of payment option in its new "managed payments" plan. The collaboration will enhance customer experience tailored to their personal preferences. The partnership will enable customers with Google Pay accounts to check out without leaving the platform. But it will only be available on products sold by sellers who are participating in the managed payments programme. | |
| 579. |
Along with which company, Apple jointly launched the Apple Card credit card for iPhones? |
| Answer» Apple Inc & Goldman Sachs Group Inc jointly launched the Apple Card credit card for iPhones. The card is tied to Apple Pay, a service that allows people to load banking information and pay in store or use it for purchases online. Apple card is a virtual credit card that can be integrated into the Wallet app of the iPhone. | |
| 580. |
Name the company which become the second-largest government-owned financial player in the country. |
| Answer» State-owned Power Finance Corporation (PFC) has completed the acquisition of majority stake in REC Ltd by transferring Rs 14,500 crore to the government. The merger of both the entities will be completed in the next fiscal year in consultation with the government. This acquisition and merger will make PFC second-largest government-owned financial player in the country based on the current market capital after State Bank of India (SBI) and also PFC will be the third-highest profit-making financial player in India. | |
| 581. |
Which Automotive company has developed the 'largest power storage system in Asia' installed in Osaka train station in Japan? |
| Answer» Tesla has developed its 'largest power storage system in Asia' at Osaka train station in Japan to reduce energy demand and provide emergency backup power to trains in Japan. It was Launched in partnership with Kintetsu, a railway operator in Japan's Osaka. Tesla has installed 42 Powerpacks units at Osaka train station in Japan which will provide enough amount of energy to safely move a train and its passengers for up to 30 minutes to the nearest station if any power failure happens. This 7 megawatt-hours (MWh) system is not only the largest energy storage project in Asia, but also the fourth largest in the greater Asia-Pacific (APAC) region. | |
| 582. |
Google and this company join hands to carry out voice-based financial transactions. |
| Answer» Reliance Nippon Life Asset Management (RNAM) has joined hands with Google to enable the customers of Reliance Mutual Fund to carry out voice-based financial transactions. With this, RNAM becomes the first company in India, to provide a conversational interface that would help customers regarding funds transactions. | |
| 583. |
With which company, Indraprastha Gas Limited (IGL) signed a MoU to set up integrated customer services and optimize value for customers. |
| Answer» Tata Power and Indraprastha Gas Limited (IGL) signed a memorandum of understanding to set up integrated customer services and optimize value for customers. The pact will also cover common safeguard activities of underground assets (pipes and cables) including the right of way for activities like maintenance and laying of pipes and cables, routine patrolling of under and above ground assets. | |
| 584. |
BNP Paribas Cardif has sold 5 crore shares of which life insurance company for Rs 2,889 crore? |
| Answer» The foreign partner of SBI Life Insurance, BNP Paribas Cardif has sold 5 crore shares of the company for Rs 2,889 crore to increase its public shareholding to 25% of its paid-up equity share capital on or before October 2, 2020. This sale has not undertaken as per the methods prescribed by SEBI for achieving the minimum public shareholding (MPS) Threshold.The average price of equity share during the sale was Rs 577.93 per equity share.On the other hand, Canada Pension Plan Investment Board has bought 2 crore shares at an average price of Rs 577.50 per shares. | |
| 585. |
Which global IT Service company has acquired 75% stake in Starter NV,a subsidiary of Dutch based ABN AMRO Bank for $144 million? |
| Answer» Consulting arm of Global IT Services major, Infosys will buy 75% stake in Starter NV which is a subsidiary of Dutch based ABN AMRO Bank for $144 million (approx. Rs 999 crore) in an all-cash deal.This move is aimed at strategic partnership in Netherlands. ABN Amro which is the third largest bank of Netherland will hold the remaining 25 per cent stake in Starter NV. | |
| 586. |
Name the telecom service provider who received a licence from the Department of Telecommunications (DoT) to provide Internet and mobile services on flights. |
| Answer» Bharatiya Sanchar Nigam Limited (BSNL), a State-owned telecom service provider, has received licence from the Department of Telecommunications (DoT) to provide Internet and mobile services on flights. BSNL and its satellite partner, Inmarsat, will be able to offer in-flight connectivity to airlines once the ground infrastructure and associated approvals are set. The DoT had notified its rules in December allowing airlines flying within and transiting through India to provide Internet and voice services on mobile phones along with an Indian telecom operator or licencee. So far, SpiceJet has announced that it will offer Internet access to passengers. Vistara has evinced interest in this service. According to the rules, passengers can make phone calls or use the Internet when a flight is at a minimum height of 3,000m in Indian airspace to avoid interference with terrestrial mobile networks. | |
| 587. |
Who gets an approval from the Securities and Exchange Board of India (SEBI) for Stock Broking? |
| Answer» One97 Communications-owned Paytm Money, the wealth management arm of Paytm got approval from the Securities and Exchange Board of India (SEBI) to start offering a stock broking service such as the ability to trade in equities and cash segments, derivatives, and exchange-traded funds (ETFs) among other exchange-traded products. | |
| 588. |
Name the IT company which has partnered with Google to Build Industry-Specific Cloud Solutions. |
| Answer» Tata Consultancy Services partnered with Google Cloud to build industry-specific cloud solutions. TCS' solutions on Google Cloud Platform (GCP) will help enterprises build secure, cloud-native analytics platforms that enable high levels of personalization, and are cost-effective, easy to maintain, and future ready. | |
| 589. |
Name the education technology startup which won the Next Billion Edtech Prize. |
| Answer» India's education technology startup 'Dost Education' has bagged a $25,000 Next Billion Edtech Prize 2019. Two other startups, Ubongo (Tanzania) and PraxiLabs (Egypt), also won the award. Dost Education was awarded for its ability to empower parents to take charge of their child's early education by creating short, friendly audio content that is sent to them via their mobile phones. Because of this app low-income families need no longer send their children to primary school behind and without a chance to catch up. | |
| 590. |
Name of the sports company which becomes India's first gaming startup? |
| Answer» Dream11 has just become a Unicorn, that is a billion-dollar startup. Few exciting developments have made Dream11 to be the India's first gaming startup to join the elite club of privately-held startups. The term "Unicorn" refers to the tech startups with the market valuation of $1 billion. | |
| 591. |
Who has inked an MoU with the IIT Delhi to collaborate in the field of standardisation and conformity assessment? |
| Answer» The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology, Delhi (IIT-D) to collaborate in the field of standardisation and conformity assessment. The MoU was signed by IIT Delhi Director Professor V Ramgopal Rao and Director General of BIS Surina Rajan. According to the MoU, IIT Delhi will provide infrastructure support for research and development projects of relevance to standardisation and BIS will provide financial support to IIT Delhi for projects. | |
| 592. |
Who has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant? |
| Answer» Tata Projects has received an order from the Nuclear Power Corporation of India (NPCIL) for the construction of 2 x 700 MW power plant. The estimated cost is about $321 million. This is the firm's third contract in the nuclear power sector. This project will provide the much needed power supply to the region and ensure developmental initiatives receive an impetus. The scope of work involves the construction of main plant buildings, structures and other works of Gorakhpur Haryana Anu Vidyut Pariyojana - 1&2. | |
| 593. |
Which company acquired Chatbot Making Startup Haptik for Rs.700 crores? |
| Answer» Reliance Jio Digital, a subsidiary of Reliance Industries acquired a chatbot making startup firm Haptik worth for Rs.700 Crore. In this Rs.700 Crore deal,Rs.230 Crore will be used for business transaction and Rs.470 Crore will be used for business expansion. After this acquisition, Reliance Jio Digital will now hold 87% stake in Haptik, while Existing investor Times Internet which holds 70% stake will exit the company. | |
| 594. |
Who get an approval from CCI to acquire up to 66.15% stake in Mindtree? |
| Answer» The Competition Commission of India (CCI) approved engineering and construction major Larsen & Toubro's (L&T's) proposal to acquire up to 66.15% stake in Mindtree. With this nod, L&T has overcome the first major regulatory hurdle in its bid for 'hostile' takeover of the Bengaluru-headquartered IT services firm. | |
| 595. |
Which company has bagged the Global Slag Company of the Year at the 14th Global Slag Conference and Exhibition 2019? |
| Answer» Tata Steel bagged the 'Global Slag Company of the Year' award at the 14th Global Slag Conference and Exhibition 2019, for its innovative practices in the development of new applications for Steel by-products (Slag). The conference was held recently in Aachen, Germany, and is one of the largest global annual slag events, attended by major steelmakers, steel mill service providers & associated companies. | |
| 596. |
Who received a letter of intent to acquire Korba West Power Company Ltd? |
| Answer» Adani Power received a letter of intent (LoI) to acquire debt-laden Korba West Power Company Ltd. (KWPCL). The committee of creditors of KWPCL, a company undergoing insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, has approved the resolution plan submitted by Adani Power. KWPCL owns and operates a 600 megawatt thermal power plant in Raigarh district in Chhattisgarh. | |
| 597. |
Google has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app. It can allow the users to buy how much % of 24-karat gold? |
| Answer» Google has partnered with bullion refiner MMTC-PAMP India to allow Google Pay users to buy and sell gold through the app. Through this partnership with India's only LBMA-accredited gold refinery, Google Pay users will be able to buy 99.99% 24-karat gold. This type of service is already offered by the likes of Paytm, Mobikwik, and PhonePe. | |
| 598. |
The Department of Telecom (DoT) approved for the merger of Tata Teleservices (TTSL) with which network? |
| Answer» The Department of Telecom (DoT) approved for the merger of Tata Teleservices (TTSL) with Bharti Airtel, subject to the condition that the Sunil Bharti Mittal-led firm furnishes Rs.7,200 crore worth bank guarantee. Both the companies are expected to submit an undertaking on matters related to court cases before the merger is taken on record. The merger will be taken on record after Airtel submits the bank guarantee of about Rs.6,000 crore for one-time spectrum charges and another Rs.1,200 crore for the spectrum that would be acquired from TTSL. | |
| 599. |
Tata Trust and ____________ signed MoU to support handloom weaving community. |
| Answer» Tata Trusts and Microsoft India have signed a Memorandum of Understanding (MoU) to jointly rejuvenate the handloom clusters in the eastern and north-eastern parts of the country. Microsoft's Project ReWeave will help preserve traditional weaving forms by upskilling workers, designing and marketing merchandise, and creating sustainable livelihood options. Microsoft will also enable digital training through Project Sangam, a Microsoft Azure-based Learning Management System, which provides necessary training and tools to weaving communities to help them realise their full potential. | |
| 600. |
Which Digital payments has acquired Wibmo recently? |
| Answer» 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. | |