Banks Latest Apps Launched in 2017 for Bank PO Exams

Important Banking Awareness Questions for SBI PO and Upcoming bank exams like NIACL Assistant, NICL AO, IBPS PO, IBPS RRB, etc.

Which bank has launched the app called Truecaller Pay to allow people send and receive payments through the app in partnership with Truecaller?
A) Axis Bank
B) Bank of Baroda
C) ICICI Bank
D) Federal Bank

View Answer
Option C
Some Extra:
With this, Truecaller users will be able to create UPI virtual payment addresses (VPA) and recharge mobile number from the app itself.
Which bank has launched Appzillon Mobile banking app in partnership with i-exceed Technology Solutions to fulfil their mobility needs?
A) IndusInd Bank
B) Karnataka Bank
C) Karur Vysya Bank
D) Kotak Mahindra Bank

View Answer
Option B
Some Extra:
i-exceed Technology Solutions, an enterprise mobility solutions provider, partnered with Karnataka Bank to take a step forward to go digital, with the launch of its new age Appzillon Mobile banking app.
Which bank launched ‘811’ zero-balance app?
A) Kotak Mahindra Bank
B) Laxmi Vilas Bank
C) DCB Bank
D) Federal Bank

View Answer
Option A
Some Extra:
Kotak Mahindra Bank launched the 811 banking app which is part of the lender’s vision to double customer base in 18 months.
Which bank has launched ‘Mera iMobile’ Banking App for Rural Customers?
A) Yes Bank
B) OBC Bank
C) State Bank of India
D) ICICI Bank

View Answer
Option D
Some Extra:
It is a unique mobile banking app for rural customers that allow them to access banking services as well as information on agri services.
Which bank launched digital service SIMsePAY to use digital banking services on feature phone users?
A) Kotak Mahindra Bank
B) Axis Bank
C) Yes Bank
D) Federal Bank

View Answer
Option C
Some Extra:
YES Bank launched digital banking service, ‘SIMsePAY’, whereby any account holder can do money transfers, pay utility bills, and other mobile banking services without the need for a smartphone or Internet.
The private sector bank has launched the service with the District Co-operative Bank, Dehradun, and plans to launch it across the country.
Which bank became the first to launch Aadhaar Pay, to launch biometric based payment system?
A) HDFC Bank
B) IDBI Bank
C) IDFC Bank
D) DCB Bank

View Answer
Option B
Some Extra:
IDFC Bank became the first bank to launch the biometric-based payment system Aadhaar Pay through its network.
Which bank launched mobile app “Eazypay” that enables retailers, merchants and professionals to accept direct cashless payments on mobile phones from their customers?
A) Kotak Mahindra Bank
B) ICICI Bank
C) Nainital Bank
D) Yes Bank

View Answer
Option B

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Which bank launched a Digital Platform and Mobile App powered by Manipal Global Education Services’ (MaGE) EduNxt Platform that will act as a digital mentor to Probationary Officers and Trainee Officers?
A) Bank of Baroda
B) ICICI Bank
C) Punjab National Bank
D) State Bank of India

View Answer
Option D
Some Extra:
The State Bank of India’s analytics dashboard app acts as a digital mentor to Probationary Officers and Trainee Officers right through their training life-cycle.
Which bank launched Chatbot Eva, India’s first AI-based banking chatbot for customer services?
A) ICICI Bank
B) Axis Bank
C) HDFC Bank
D) Yes Bank

View Answer
Option C
Some Extra:
Eva (electronic virtual assistant) is India’s first AI-based banking chatbot and can answer millions of customer queries across multiple channels instantly.
Yes Bank partnered with Gupshup to launch an artificial intelligence-powered banking chatbot
A) YES mLoan
B) YES mBot
C) YES mChat
D) YES mPower

View Answer
Option D
Some Extra:
Yes Bank partnered with Silicon Valley-based bot platform Gupshup to launch an artificial intelligence-powered banking chatbot ‘YES mPower’ that instantly gives information about loan products.
The ‘YES mPower’ bot is available through Facebook Messenger.