1) Who has been appointed as the COO of FreeCharge on 22nd March?
a. Rahul Yadav
b. Jason Kothari
c. Ankit Khanna
d. None of the above
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Answer
Explanation
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ANSWER: Ankit Khanna
Explanation:
FreeCharge on March 22, 2017 announced promotion of Ankit Khanna to Chief Operating Officer of the company.
Ankit will be managing product, user growth, user experience and business development at Freecharge.
Before taking charge as the COO, Ankit was the Chief Product Officer with the company.
Prior to this, he was the Senior Vice President, Product at Snapdeal and has been with Snapdeal since the company's inception in 2010, where he joined as the Product head.
Ankit holds a Bachelors in technology degree from the Indian Institute of Technology, Delhi.
Before joining Snapdeal, Ankit also co-founded Itasveer in 2006, an online solution for photo printing which was later acquired by a Pune based IT Services company.
FreeCharge: Know More - Status: Acquired by Snapdeal on April 8, 2015
- Total Equity Funding: $174.22M in 5 Rounds from 6 Investors
- Headquarters: Mumbai
- Description: FreeCharge is a service that gives users coupons for charging their mobile plans.
- Founders: Sandeep Tandon, Kunal Shah
- Categories: Internet, Coupons, Payments
- Website: https://www.freecharge.in
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2) Who has been appointed the CEO of FreeCharge?
a. Rahul Yadav
b. Jason Kothari
c. Binny Bansal
d. None of the above
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Answer
Explanation
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ANSWER: Jason Kothari
Explanation:
Snapdeal has appointed former online real estate portal Housing.com executive Jason Kothari to the position of Chief Executive Officer of its digital payments subsidiary Freecharge.
It is also committing to invest a further $20 million into the firm.
Kothari’s appointment to the role comes a month after former Freecharge CEO Govind Rajan quit the company.
This is amid growing concerns of Freecharge losing out to larger rival Paytm in India’s fast growing digital payments space.
FreeCharge - Owner : Snapdeal
- Founded : August 2010
- Founder : Kunal Shah , Sandeep Tandon
- Headquarters : Mumbai, Maharashtra, India
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3) Freecharge is a digital payment platform which has announced its partnership with which bus aggregator platform?
a. Shivaneri
b. Shuttl
c. Move
d. Travelz
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Answer
Explanation
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ANSWER: Shuttl
Explanation:
Freecharge, a digital payment platform on 14th July 2016 announced the partnership with bus aggregator platform Shuttle to help 15,000 commuters in Delhi-NCR engage in cashless commuting
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4) Which of the following statements is/are correct about International Finance Corporation (IFC)?
1. The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.
2. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C.
a. Only 1
b. Only 2
c. Both
d. None
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Answer
Explanation
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ANSWER: Both
Explanation:
IFC was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.
The World Bank’s investment arm International Finance Corporation (IFC) has invested $145 million (around Rs 950 crore) in six of the 10 companies that have been granted small finance bank licences with a collective client base of nine million.
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