Question: An agreement between Punjab National Bank and Bharat Sanchar Nigam Limited (BSNL) was signed recently. Under the agreement, in how many states the BSNL will expand the Speed Pay services?
(a) 8
(b) 10
(c) 12
(d) 15
Answer: (b)
Related facts:
- On September 8, 2017, an agreement was signed between Punjab National Bank (PNB) and public sector telecom company Bharat Sanchar Nigam Limited (BSNL) to present mobile wallet.
- This agreement was signed in the presence of Manoj Sinha, the Minister of State for Telecommunications.
- Under the agreement, BSNL will expand Speedpay services in 10 states.
- These states are: Punjab, Chandigarh (UT), Haryana, Jammu and Kashmir, Himachal Pradesh, Uttar Pradesh, Bihar, West Bengal, Jharkhand and Uttarakhand.
- PNB’s Speedway will enable users to operate Internet banking services from the application.
- Its users will be able to deposit and withdraw money from authorised retail outlets.
- It is worth mentioning that India is the second largest market in the world with 120 crore mobile users.
Reference:
https://twitter.com/DoT_India/status/906405530989584385
https://twitter.com/manojsinhabjp/status/906217023092408320
http://economictimes.indiatimes.com/industry/banking/finance/banking/pnb-bsnl-join-hands-for-mobile-wallet-speedpay-rollout/articleshow/60428972.cms
http://paisa.khabarindiatv.com/article/pnb-bsnl-join-hands-for-mobile-wallet-speedpay-roll-out/