Question: ‘Kochi-1’ card has been launched by …
(a) ICICI Bank
(b) Kochi Municipal Corporation
(c) Kochi Metro Rail Corporation
(d) Axis Bank
Ans: (d)
Related facts:-
- On June 19, 2017, Axis Bank (India’s third largest private sector bank) jointly with Kochi Metro Rail Corporation (KMRL) launched ‘Kochi-1’ card.
- This is India’s first single-wallet contactless, Open Loop Metro Card.
- It can be used for traveling in Metro as well as the usual debit card.
- Axis Bank has partnered with National Payment Corporation (NPCI) to develop this transit EMV contactless card on interoperable open standards.
Related Links:-
http://www.business-standard.com/article/news-ani/axis-bank-kochi-metro-launches-india-s-first-single-wallet-contactless-open-loop-metro-card-117062000488_1.html
http://www.deccanchronicle.com/nation/in-other-news/180617/kochi-1-card-launched-online-registration-starts.html
http://www.pmindia.gov.in/hi/news_updates/%E0%A4%95%E0%A5%8B%E0%A4%9A%E0%A5%8D%E0%A4%9A%E0%A4%BF-%E0%A4%AE%E0%A5%87%E0%A4%9F%E0%A5%8D%E0%A4%B0%E0%A5%8B-%E0%A4%B0%E0%A4%BE%E0%A4%B7%E0%A5%8D%E2%80%8D%E0%A4%9F%E0%A5%8D%E0%A4%B0-%E0%A4%95/
http://indianexpress.com/article/what-is/what-is-kochi-one-card-kochi-metro-4708380/