15 things to know about Paytm Payments Bank

One97 Communications founder Vijay Shekhar Sharma led digital wallet company Paytm now launched as Paytm Payments Banks. 

Main points to remember:

1. The maiden branch of Paytm Payments bank opens in the National Capital region of Delhi in Noida. 

2. Bank plans to expand to 31 branches and 3,000 customer service points in its first year.

3. Paytm Payments Bank accounts will initially be available on an invite-only basis. In the first phase, the company will roll out its beta banking app for its employees and associates.

4. Paytm Payments Bank will offer zero balance accounts. 

5. Paytm Payments Bank is a differentiated bank. So, it can accept Rs 1 lakh per account, as per RBI (Reserve Bank of India) guidelines for payment banks. A payments bank cannot lend or give advance to customers. It can issue cheque books and debit cards but not credit cards.

6. The bank will offer 4 per cent interest per annum on deposits. 

7.  Paytm will offer virtual Rupay debit cards to customers immediately and physical card on request for withdrawing cash from any ATM in the country. 

Annual subscription fee for ATM will be Rs. 100 plus delivery charges. 

8. Paytm currently has around 220 million customers who use its digital wallet. The wallets will be shifted to the payments banks and users will have to comply with ‘know your customer’ (KYC) norms for opening accounts.

9. The bank will charge for cash withdrawal using ATM similar to other commercial banks. There will be 5 free transactions in non-metro cities and 3 free transactions in metro cities. After that, the bank will charge Rs. 20 for each transaction. 

10. The bank will charge Rs. 5 for printing out a mini-statement after free transaction limit. 

11. For physical statement, the customer will have to pay Rs. 50 plus delivery charges to the bank. 

12. The bank will provide 10 leaves checkbook at a cost of Rs. 100 plus delivery charges. 

13. All online transactions via channels like IMPS, RTGS, and NEFT will be free of charge. 

14. With the launch of Paytm Payments Bank, there are now 3 Payment Bank in India. Others are Airtel Payments Bank Ltd and India Post Payments Bank Ltd. 

15. Existing Paytm users will be transferred to the Paytm Payments Bank Limited automatically as the wallet business will become part of the new company.


Which pair of the following metals are the best and the poorest conductors of heat respectively?

Which pair of the following metals are the best and the poorest conductors of heat respectively?

A. Silver (Ag) and Lead (Pb)

B. Copper (Cu) and Tin (Sn)

C. Gold (Au) and Tin (Sn)

D. Gold (Au) and Lead (Pb)


Among the given options Silver (Ag) is the most conductive to heat and Lead (Pb) is the least conductive.

Heat transfer depends on the thermal conductivity of the metal. Thermal conductivity measures a materials ability to allow heat to pass through it via conductance. 

For general scientific use, thermal conductance is the quantity of heat that passes in unit time through a plate of particular area and thickness when its opposite faces differ in temperature by one kelvin.

This means that if you heat one end of a piece of metal, the more conductive it would be the more quickly the other end of the metal will reach the same temperature.

Following is the list of Thermal Conductivity of different metals given in the options:

  • Silver  – 419 W/(mK)
  • Copper – 401 W/(mK)
  • Gold – 317 W/(mK)
  • Tin – 62.1 W/(mK)
  • Lead – 34.8 W/(mK)

Whereas W/(mK) = Watts per meter-kelvin

Learn more: 

The Rajya Sabha can have a maximum strength of how many members?

Article 80 of the Constitution lays down the maximum strength of Rajya Sabha as 250, out of which 12 members are nominated by the President and 238 are representatives of the States and of the two Union Territories. 

The present strength of Rajya Sabha, however, is 245, out of which 233 are representatives of the States and Union territories of Delhi and Puducherry and 12 are nominated by the President. The members nominated by the President are persons having special knowledge or practical experience in respect of such matters as literature, science, art and social service.

In gist Members of Rajya Sabha:

Maximum Strength of Rajya Sabha = 250

Maximum Representatives of the States and of the two Union Territories = 238

Nominated by the President = 12

The present strength of Rajya Sabha = 245

The present Representatives of the States and of the two Union Territories = 233

Nominated by the President = 12



Quiz 06- GK

1. What is the normal plasma volume in whole blood?

A. 45%

B. 92%

C. 55%

D. 85%

1. C. 55%

Learn more: What Is Plasma?

2. A person with ‘O’ negative blood type can receive blood from which blood-type person?

A. O +

B. O –

C. Either A or B

D. None of the above

2. B. O -

Learn more: Your O- Blood Is Important

3. Cloves are obtained from which of the following parts of the plant?

A. Flower buds

B. Seeds

C. Stems

D. Roots

3. A. Flower buds

Learn more: Where Do Cloves Come from?

4. Which chloride salt is responsible for the green color in a Firework display?

A. Strontium

B. Lithium

C. Barium

D. Sodium

4. C. Barium

Learn more: Firework Colors Chemistry

5. The extremely hot and dry local winds which blow in North Indian plains in the summer is called?

A. Karaburan

B. Loo

C. Chinook

D. Fohn

5. B. Loo

Learn more: 
1. Loo (wind)
2. Types of Winds

6. The famous Talcher Coalfield is situated in which state?

A. Jharkhand

B. Odisha

C. Telangana

D. Maharashtra

6. B. Odisha


7. Alpha Keratin is a protein present in:

A. Spinach

B. Hair

C. Liver

D. Red meat

7. B

Learn more: Alpha-keratin From Wikipedia, the free encyclopedia

8. Name the scientist who coined the term “Protein”? 

A. Emil Fischer

B. Jöns Jacob Berzelius

C. Edward Mellanby

D. Elmer McCollum

8. B. Jöns Jacob Berzelius

Learn more: Protein

9. Vitamin C is also known as:

A. Ascorbic acid

B. Butyric acid

C. Benzoic acid

D. Citric acid

9. A. Ascorbic acid

Learn more: Vitamin C

10. Galvanized iron sheets have a coating of:

A. Tin

B. Zinc

C. Lead

D. Chromium

10. B. Zinc

Learn more: Galvanized Iron sheet

11. I.B.R.D. is also known as:

A. International Bank

B. World Bank

C. Asian Development Bank

D. Rural Development Bank

11. B. World Bank

Learn more: International Bank for Reconstruction and Development

12. Gupta King who assumed the title of Vikramaditya was:

A. Chandragupta II

B. Samudragupta

C. Skandagupta

D. Kumargupta

12. A. Chandragupta II

Learn more: Chandragupta II

13. Part IV of the Constitution of India deals with:

A. Citizenship

B. Fundamental Rights

C. Union Executive

D. Directive Principles of State Policy

13. D. Directive Principles of State Policy 


14. The Partition of Bengal was revoked by the British Government in the year:

A. 1907

B. 1911

C. 1919

D. 1926

14. B. 1911

Learn more: Partition of Bengal

15. What is the new name of the old region “siam”? 

A. Myanmar

B. Thailand

C. Philippines

D. Cambodia

15. B. Thailand 

Learn more: Thailand old name

16. Great poet Amir Khusrow’s birthplace was:

A. Kesh

B. Kanpur

C. Patiyali

D. Tehran

16. C. Patiyali

Learn more: Amir Khusrow

17. Bauxite is an ore of the one of the following metal:

A. Brass

B. Copper

C. Aluminum

D. Tin

17. C. Aluminum 

Learn more: Bauxite

18. Who organized the fourth Buddhist Council? 

A. Ashoka

B. Harsha

C. Bindusar

D. Kanishka

18. D. Kanishka 

Learn more: Fourth Buddhist council

19. Who was the last ruler of the Lodhi dynasty? 

A. Ibrahim Lodhi

B. Bahlol Lodhi

C. Sikander Lodhi

D. Daulat Khan Lodhi

19. A. Ibrahim Lodhi 

Learn more: Lodi dynasty

20. Who among the following decides whether a bill is a ‘Money bill’ or not? 

A. The President of India

B. Cabinet Committee on Economic affairs

C. Speaker of the Lok Sabha

D. Chairman of the Rajya Sabha

20. C. Speaker of the Lok Sabha 

Learn more: Money Bills vs. Other Bills

21. ‘Bar’ is the metric measurement unit of:

A. Heat

B. Current

C. Weight

D. Atmospheric Pressure

21. D. Atmospheric Pressure 

Learn more: What is bar (unit)

22. The Right to vote is a:

A. Statutory right

B. Constitutional right

C. Civil right

D. Fundamental right

22. A. Statutory right

Learn more: 
1. PUCL v. Union of India on Right to Vote and Article 19
2. Why is the right to vote not a fundamental right in India?

23. Which of the following hills connect eastern and western ghats? 

A. Satpura

B. Aravalli

C. Nilgiri

D. Deccan

23. C. Nilgiri 

Learn more: [Conversation] Western Ghats: Overview of Physical Geography, Rivers & Biodiversity

24. Which country is known as the ‘Cockpit of Europe’? 

A. Luxembourg

B. Belgium

C. Switzerland

D. Netherlands

24. B. Belgium 

Learn more: Cockpit of Europe

25. In Uttar Pradesh, Charkula folk dance is related to which region? 

A. Ruhelkhand

B. Braj

C. Avadh

D. Bundelkhand

25. B. Braj


“Who owns the fish?”-Einstein’s riddle- [Solution]

In the previous post, I asked you one of the difficult Einstein’s riddle. It is claimed that 98% has failed to solve this.

However, it is not impossible if you use logic and deduction. A basic level of patience will also help to think it through.

Taking stock of the situation

Before we try to solve this problem, we need to know what we have.

From the question and hints we know:

There are 5 different nationalities of owner:

  1. Brit
  2. Dane
  3. Swede
  4. Norwegian
  5. German

There are 5 colors of the house:

  1. red
  2. white
  3. green
  4. yellow
  5. blue

There are 5 pets:

  1. birds
  2. horses
  3. cats
  4. dogs
  5. fish

There are 5 brands of cigars:

  1. Pall Mall
  2. Dunhill
  3. Blends
  4. Prince
  5. BlueMaster

There are 5 varieties of beverages they drink:

  1. tea
  2. coffee
  3. water
  4. beer
  5. milk



Now arrange them like in the following matrix. I assume here that the house is in a single row and they are in the direction from the left to the right. For each house, we have a row for color, owner (owner depicts the nationality of the owner), pet, beverage, and cigar.

Riddle matrix

Logically deducing from the hints:

Let us start with the most obvious hint.

No. 8 – “the man living in the center house drinks milk”

No. 9 – “the Norwegian lives in the first house”; and

No. 14 – “the Norwegian lives next to the blue house”

Our arrangements look like this:

Einstein riddle- solution step 1

From the hint no. 1 we know, “the Brit lives in the red house”. So, he can’t be in the house no. 1 or 2. He could be in the house no 3, 4 or 5.

From the hint no. 4 we also know, “the green house is on the left of the white house”.

Because house no. 2 is colored blue, the green house can’t be the house no. 1. It could be the house no. 3 or 4.

We know from the hint no. 5, “the green house’s owner drinks coffee”. But, the owner of the house no. 3 drinks milk. The green house can only be House no. 4 . Therefore, the House no. 5 is white.

Consequently, Brit lives in the house no. 3.

We have houses for Blue, Red, Green and White. The only color left is yellow, which is now the color of house no. 1 and the owner of the yellow house smokes Dunhill (hint no. 7)

Einstein riddle- Step 2

Going further we have hint no. 11 – “the man who keeps horses lives next to the man who smokes Dunhill”. So the horse owner lives in the blue house.

Hint no. 12 says “the owner who smokes BlueMaster drinks beer.” 

Because red house and the green house already have their beverage and the yellow house can’t have the beer because it already has a different cigar. The only possibilities left are 2 or 5.

Again House no. 1 can’t have tea (hint no. 3: “the Dane drinks tea”) or beer, so it must have water. 

By hint no. 15: “the man who smokes blend has a neighbor who drinks water”, i.e. House no. 2.

Recall hint no. 10: “the man who smokes blends lives next to the one who has cats”.

So, cats live in the house no. 1 or 3.

Here is what our solution look like:

Einstein riddle-step 3

From the hint no. 12: the owner who smokes BlueMaster drinks beer, we find that only possibility is House no. 5, because of the house no. 2 already has a cigar brand. 

Only left beverage is tea which makes Dane owner of the house no. 2.

Which also makes Swede the owner of house no. 5 who keeps dogs.

Let us see where we are till now.

Einstein riddle-step 4

Henceforth the House No. 4 belongs to German.

Going further, hint no. 13 says the German smokes Prince. 

So only left cigar brand Pall Mall is owned by Brit of House no. 3.

But the hint no. 6 says the person who smokes Pall Mall keeps birds, which means Brit keeps birds and Norwegian keeps cats. 

Thus, the German owns the fish.

Here is the final solution matrix:

Einstein riddle - final step

Source: Einstein’s riddle

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Who owns the fish – 98% failed to answer this [with solution]

“Who owns the fish?” is attributed as an Einstein’s riddle, because it is said, Albert Einstein in his boyhood created this riddle and is claimed to be solved by only 2% of the population. 

There are many other variations of this riddle such as “Zebra Puzzle“, but here I am giving you the popular version of the riddle. 

You should first try to solve this on your own before seeing the solution.

The Riddle

First, understand the situation:

  • There are 5 houses in a row (left to right) which is painted with five different colors.
  • In each house lives a person with a different nationality.
  • These five owners drink a certain type of beverage, smoke a certain brand of cigar and keep a certain pet.
  • No owners have the same pet, smoke the same brand of cigar or drink the same beverage.

Like any other riddle, Einstien also gave hints to solve his riddle. Here are they:

  1. the Brit lives in the red house
  2. the Swede keeps dogs as pets
  3. the Dane drinks tea
  4. the green house is on the left of the white house
  5. the green house’s owner drinks coffee
  6. the person who smokes Pall Mall keeps birds
  7. the owner of the yellow house smokes Dunhill
  8. the man living in the center house drinks milk
  9. the Norwegian lives in the first house
  10. the man who smokes blends lives next to the one who has cats
  11. the man who keeps horses lives next to the man who smokes Dunhill
  12. the owner who smokes BlueMaster drinks beer
  13. the German smokes Prince
  14. the Norwegian lives next to the blue house
  15. the man who smokes blend has a neighbor who drinks water


With these hints, you need to find- “who owns the fish?”

Special Hint: At first, if you can’t figure out how to solve this riddle. Don’t worry. This is a logic puzzle. Keep calm and patiently deduce the problem by applying logic one by one with each hint. 

Best of luck 🙂

If you are among 98% 😉  Here is the solution.









1. Where is National Sugar Institute established? 

A. Kanpur 

B. New Delhi 

C. Pune

D. Gajrola 

2. Nagarjuna Sagar Project is constructed on the river? 

A. Krishna 

B. Kaveri 

C. Yamuna 

D. Sutlej

3. In which city, India’s first textile university will come up? 

A. Varanasi

B. Ahmedabad

C. Surat 

D. Raipur 

4. Which is India’s first indigenous nuclear submarine, which was launched in 2009? 

A. INS Virat

B. INS Vikrant 

C. INS Arihant 

D. INS Talvar 

5. The speed of light is minimum while passing through:

A. Diamond 

B. Vacuum 

C. Glass 

D. Water


Answer Key: 

1. A. Kanpur

Read more http://www.nsi.gov.in/contact-us.html

2. A. Krishna 

Read more https://en.m.wikipedia.org/wiki/Nagarjuna_Sagar_Dam

3. C. Surat

Read more http://news.apparelresources.com/textile-mills-news/indias-first-ever-textile-university-to-come-up-in-surat/

4. C. INS Arihant 

Read more http://m.hindustantimes.com/india-news/first-indigenous-nuclear-submarine-ins-arihant-secretly-inducted-into-service/story-EYbZ2dWn3foOxWyfH5x5MP.html

5. A. Diamond 

Read more http://www.olympusmicro.com/primer/lightandcolor/speedoflight.html