Current Affairs · Banking and Agreements
In August 2025, Indian Overseas Bank (IOB) signed an agreement to provide ticketing solutions for Mumbai Metro One. Consider the following statements regarding this event: 1. Indian Overseas Bank will facilitate issuing smart cards, QR tickets, and paper tickets for Metro One commuters. 2. The partnership aims to enhance ticketing convenience primarily via digital solutions. 3. Indian Overseas Bank was established in 1937 with its headquarters in Mumbai, and its MD & CEO is Ajay Kumar Srivastava. Which of the statements given above is/are correct?
- 1Both 1 and 2✓
- 2Both 2 and 3
- 3Only 3
- 4Only 2
Correct answer
Both 1 and 2
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