Current Affairs One-Liner: 18th August 2021

• The Competition Commission of India (CCI) approved the acquisition by Zomato Limited of approximately 9.3% stake in each of Grofers India and Hands-on Trades Private Limited (HoT).
• Static Part: 
• HQ of Zomato: Gurgaon, Haryana
• Founder and CEO of Zomato: Deepinder Goyal
• ‘#FollowPaymentDistancing’: It is the strategic campaign to promote and encourage contactless payments in India amidst of pandemic situation and create awareness of digital payment systems. It was launched by the National Payments Corporation of India with RuPay Contactless Cards.
• Static Part: 
• HQ of NPCI: Mumbai
• MD and CEO of NPCI: Dilip Asbe
• ‘ODeX Pay Later Solutions’: It was launched by DBS Bank India in partnership with ODeX. It will provide credit solutions to Freight forwarders associated with the shipping sector. The customers will be able to avail comprehensive payment solutions for their ocean shipping transactions.

• Static Part: 
• HQ of ODeX India Solutions Pvt Ltd: Mumbai
• HQ of DBS Bank India: Mumbai
• India and East African Community (EAC) signed the joint action plan to enhance trading activities with fast clearance of goods between both entities.
• Static Part: 
• EAC is comprised of 6 nations namely Burundi, South Sudan, Uganda, Kenya, Rwanda and Tanzania
• HQ of EAC: Tamzania
• The RBI imposed the penalty of Rs 1 crore on Cooperative Rabobank UA for not following certain provisions of the Banking Regulation Act, 1949 regarding ‘transfer to reserve funds’.
• Obituaries: Maki Kaji: He was the creator of a puzzle named ‘Sudoku’.
• Financial Inclusion Index -- RBI
• Appointments and Resignations on 18th August 2021
• RBI cancelled the License of Karnala Nagari Sahakari Bank Limited
• ‘PROOF’ App
• World’s 2nd largest ‘National Gene Bank’

Question: 

Q.1 Which bank in partnership with ODeX launched ‘ODeX Pay Later Solutions’ to offer payment solutions to freight forwarders?
a. Federal Bank
b. DBS Bank India
c. SBM Bank India
d. Deutsche Bank AG India