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Current Affairs One-Liner: 13th June 2021

Published on June 13, 2021
  • Federal Bank collaborated with Oracle and Infosys to improve its customer experience through the Oracle CX platform. The Customer Relationship Management solutions for the areas like sales, marketing, customer service will be deployed to improve the bank’s operations.
  • Static Part: 
    • HQ of Federal Bank: Aluva, Kerala
    • Tagline of Federal Bank: Your Perfect Banking Partner
    • MD and CEO of Federal Bank: Shyam Srinivasan
  • The Indian Grand Prix 4 will be hosted in Patiala at the National Institute of Sports. The announcement for the same was made by the Athletics Federation of India (AFI).
  • Static Part: 
    • HQ of AFI: New Delhi
  • Foreign Secretary of India, Harsh Vardhan Shringla released the commemorative postage stamp to observe the 70th anniversary of the India and Germany partnership. India had announced a diplomatic relationship with the Federal Republic of Germany on 7th March 1951.
Current Affairs One-Liner: 13th June 2021
  • Static Part: 
    • Capital of Germany: Berlin
    • Currency of Germany: Euro
    • President of Germany: Frank-Walter Steinmeier
    • Prime Minister of Germany: Angela Merkel
  • BharatPe (Digital payment app) has acquired 100% stakes in Payback India from American Express and ICICI Investments Strategic Fund. This is the first-ever acquisition by the digital payments app. Due to this acquisition, Payback has become a wholly-owned subsidiary of BharatPe. Now, BharatPe will launch the ‘Buy Now Pay Later’ facility to its customer through the Payback platform.
  • Static Part: 
    • HQ of BharatPe: New Delhi
    • CEO of BharatPe: Ashneer Grover
  • NITI Aayog has recommended privatization of the Central Bank of India and Indian Overseas Bank under the announcement of privatization of PSBs in the Union Budget. The proposal of NITI Aayog for the same will be analyzed by the Department of Investment and Public Asset Management (DIPAM) and the Department of Financial Services (DFS).
  • Static Part: 
    • HQ of NITI Aayog: New Delhi
    • Chairperson of NITI Aayog: PM Narendra Modi
    • Founded in: 2015
  • Important Days and Themes: 13th June: International Albinism Awareness Day
    • Theme for 2021: Strength Beyond All Odds
  • Obituaries: Siddalingaiah: He was a noted Kannada poet, playwright and Dalit activist.
    • Prof Radhamohan Ji: He was Economist and Environmentalist.
  • Education Minister Released AISHE 2019-20 Report
  • IIT Bombay to Launch 'Koita Centre for Digital Health' (KCDH)’
  • 1st India-Australia JWG Meeting on Cyber Security Cooperation
  • Kavach Personal Loan for COVID-19 Patients

Question: 

Q.1 Which company acquired 100% stakes in Payback India?
a. Google Pay
b. Paytm
c. PhonePe
d. BharatPe
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