Current Affairs One-Liner: 6th March 2022

• LoanTap has partnered with Arka Fincap Ltd. (NBFC) and also partnered with MAS Financial Services Ltd. (MAS) (RBI registered NBFC) in order to frame a co-lending model for the salaried people and MSME units. The LoanTap will make use of its technologies to tap into a large customer base and distribute loans through these partnerships.
• Static Part: 
• HQ of LoanTap: Pune
• HQ of Arka Fincap Ltd: Mumbai
• HQ of MAS Financial Services Ltd: Ahmedabad
• ‘Vida’, it is the name of a new brand launched by Hero MotoCorp. It is Hero MotoCorp’s upcoming electric vehicles brand. The brand was unveiled by Dr. Pawan Munjal, Chairman, and CEO of Hero MotoCorp.

• Static Part: 
• HQ of Hero MotoCorp: New Delhi
• The LIC Housing Finance Ltd (LIC HFL) has partnered with Common Service Centers (CSC). Under the partnership, they will offer loan products to customers via the network of Village Level Entrepreneurs (VLEs).
• Static Part: 
• HQ of LIC HFL: Mumbai
• MD and CEO of LIC HFL: Y Viswanatha Gowd
• Swiss International Airlines has become the first airline to use solar aviation fuel to power its flights. For this, it has partnered with a Switzerland-based solar fuel startup named Synelion SA.
• IIFL Finance has partnered with fintech NIRA. They have partnered to enhance digitization by offering personal loans. The loans upto Rs 1 lakh from IIFL Finance will be given to the salaried people via the NIRA app.
• Static Part: 
• HQ of NIRA: Bengaluru
• HQ of IIFL Finance Limited: Mumbai
• The 53rd Raising Day ceremony of the Central Industrial Security Force (CISF) took place in Ghaziabad, Uttar Pradesh which was attended by Union Home Minister Amit Shah. The CISF was set up under an Act of the Parliament of India on 10 March 1969 and functions under the Ministry of Home Affairs.
• Obituaries: General S F Rodrigues: He was Chief of the Indian Army from 1990 to 1993 and Governor of Punjab from 2004 to 2010.
• Axis Bank signed MoU with IPE Global Limited
• ‘Sambhav’ and ‘Svavlamban’ Initiatives
• Indian Oil partnered with Kotak Mahindra Bank
• Monolithic Microwave Integrated Circuits (MMICs)

Question: 

Q.1 Which company launched ‘Vida’ as the new brand for electric vehicles?
a. TVS Motor
b. Hero MotoCorp
c. Yamaha Motor Company
d. Tata Motors