Question

    SBI Card has taken an initiative  for MSMEs to cater to their short-term credit requirements.What is the name of the new credit card launched by SBI Card specifically designed for MSMEs?

    A SBI ProCredit Card Correct Answer Incorrect Answer
    B SimplySAVE Merchant SBI Card Correct Answer Incorrect Answer
    C RuPay MSME Elite Card Correct Answer Incorrect Answer
    D SBI MicroBiz Card Correct Answer Incorrect Answer
    E SBI TradeMaster Card Correct Answer Incorrect Answer

    Solution

    SBI Card has launched a new credit card SimplySAVE Merchant SBI Card for MSMEs to cater to their short-term credit requirements. Available on RuPay network, the card be linked to UPI for payments through various UPI-enabled third-party apps.  The launch of SimplySAVE Merchant SBI Card is an attempt to address this larger segment by extending interest-free short-term credit to MSME.

    Practice Next