Which private lender Bank on 25 May 2015 has launched a service where customers can make transactions using just their voice, without using other means of authentication like a password.?: ICICI Bank
Explanation: The service will work on voice recognition technology. Thus this technology/service authenticates customers based on their speech patterns and allows them to execute banking transactions through the bank's call centre, the bank said in a statement issued here. The technology solution works on unique 'voice prints' which comprise over 100 characteristics, including voice modulation, speed, accent and pronunciation, which are impossible to imitate. Customers, in general, use various means of authentication like entering card numbers, answering security questions and entering a personal identification number (PIN) to carry out a phone banking transaction. Thus, the customer’s voice will also now act as the password for banking transactions through the call centre.
Which Airliner has completed 10 years of operations on 23 May 2015, thus hold a 'flash sale' offering a flat 10 per cent discount on its select domestic flights with a single day five-hour booking period?: SpiceJet
Explanation: With this Happy Birthday to Us slash sale, SpiceJet has offer yet another opportunity for customers the chance to fly with one of the most colourful and innovative airlines in India today. But customers have to hurry as this sale is only for 5 hours, and seats are limited. This is the second discount offer from the Gurgaon-based airline in last one week as earlier it rolled out fares as low as Rs 1,010 under a three-day scheme to celebrate 10-years of its existence in the domestic aviation space.
Who was appointed Honorary Ambassador of Foreign Investment Promotion for Korea on 22 May 2015 at a ceremony held at Mumbai. He is also a top executive of Indian automobile company?: Pawan Goenka from Mahindra & Mahindra (M&M)
Explanation: Pawan Goenka honorary Ambassador for Korea, will promote economic ties between India and Korea and advise corporate India on potential investment opportunities in South Korea.
Titan Company on 22 May 2015 launched its first integrated format store housing watches, jewellery, eyewear and accessories under a single roof of which city?: Visakhapatnam
Explanation: The integrated format store includes Titan's in-house brands such as Tanishq, Helios, Fastrack and Titan Eyeplus spread over nearly 6600 sft. As per officials, the store has started as an experiment, but they have no plans to replicate it as yet, Titan Company is targeting opening nearly 200 new stores in the country of which AP will have its fair share of stores. He also said the company doesn't consider e-tailers as a threat but looks at e-commerce as an opportunity. He said out of the Rs 200 crore capex in the current fiscal, around Rs 6 crore will be on e-commerce operations.
The Union cabinet chaired by the prime Minister Narendra Modi on 21 May 2015 gave its approval to revive the closed Sindri unit of Fertilizer Corporation of India Limited (FCIL). The Sindri plant has been closed since when?: 2002
Explanation: Cabinet gave its nod to revive the closed urea unit with an investment of Rs 6000 crore. The Sindri plant has been closed since 2002 despite the fact that there is no functional Urea unit in the eastern part of the country except two small units at Namrup in Assam. The Sindri plant is unique to have its land registered in the name of the President of India who was handed over 23 lakh shares of the company at the time of its inception in 1950. The setting up of a new unit at Sindri will meet the growing demand of urea in the states of Bihar, West Bengal and Jharkhand. It will also ease the pressure on railway and road infrastructure due to long distance transportation of urea from Western and Central Regions and thereby saving in government subsidy on freight.
Which Indian bank on 20 May 2015 has signed a Memorandum of Understanding (MoU) with e-commerce player Amazon to develop payment and commerce solutions for customers and small businesses?: State Bank of India
Explanation: Amazon is a very large company in the digital commerce space and SBI, country's largest lender thus, by combining both parties effort could bring best customer exp. In Online. Therefore, the objective of the MoU is that both can try and give customers a good experience in both buying and selling. SBI will also provide loans to SME customers who supply products to Amazon to help them increase their operations.
Which Italian two-wheeler maker on 19 May 2015 launched its first online store in collaboration with Snapdeal.Com in India?: Piaggio
Explanation: After This tie-up with snapdeal, now the entire range of Vespa models -- Vespa, VX, Vespa S and Vespa Elegante, would be available at the online store at a booking amount of Rs 5,000. As per the officials, the partnership with Snapdeal is targeted especially towards a younger segment of consumers who are digitally active and prefer purchases that provide easy access and transactions without investing much time. Piaggio Vehicles, the wholly-owned Indian subsidiary of the Piaggio Group.
Tata Motors has finally bid adieu to the much-hyped Rs 1-lakh price tag of Nano as the company drove in an all-new avatar of the budget car with an new entry price. What is name of next batch?: 'GenX Nano'
Explanation: The 'GenX Nano', which took two years for development, comes with added features such as boot access, bluetooth connectivity and even an automatic variant, looking to compete with heavyweight models such as Maruti Alto and Hyundai Eon through a new branding of "smart city car". This GenX Nano is the second major re-launch of the egg-shaped car after last year's Nano Twist, when features like power steering were introduced. This will replace all the existing models of the micro car except the CNG version. However, Nano is still cheaper than its rivals. The base version of Alto comes for Rs 2.86 lakh in Delhi, while Hyundai Eon costs Rs 3 lakh.
The nation's largest lender State Bank of India (SBI) has created a separate company to carry out its massive CSR initiatives and plans to get it "running" from July 2015. What is the name of the company?: SBI Foundation
Explanation: The SBI Foundation has already been registered under Section 8 of the Companies Act, 2013, which applies to non-profit companies or organisations and will be headquartered in Mumbai. Bank chairperson Arundhati Bhattacharya will be the chairman of the foundation and will have a full-time managing director and chief executive. Though SBI is not bound to spend on CSR as per the company Act however it has been spending nearly over 1% of their profit on CSR. They are continuing to do so even before the new law on corporate social responsibility (CSR) nd made mandating to every company to spend 2 percent of its profit on such activities. SBI Foundation will start from July 1, which is also the foundation day of the bank, which was started as Bank of Calcutta in June 1806. The bank's CSR activities have been focused on women empowerment, child rights, skill development, education etc as per the officials.
Internet firm Askme on 15 May 2015 notified that it has acquired which grocery marketplace for about USD 10 million (about Rs 63 crore).?: 'BestAtLowest.Com'
Explanation: As part of the agreement, BestAtLowest.Com will become part of Askme, further expanding the company's search plus capabilities and enable near real-time inventory sync between online and physical stores. BestAtLowest.Com has over 7,000 products across categories spread in FMCG and non-FMCG sectors.
