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Question
SSC Selection Post - 2021
General Awareness (SSC)

Which of the following institutions collaborated with Bank of America for Centre for Digital Transformation in 2021?

This question was previously asked in
SSC Selection Post 2021 Question Paper (09-Feb-2022) (Shift-1)
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The correct answer is
IIM Ahmedabad

Bank of America Collaboration for Digital Transformation Centre

The question asks about the specific institution that partnered with Bank of America in 2021 to establish the Centre for Digital Transformation. This initiative aimed at fostering advancements in digital technologies within the banking sector.

Understanding the Collaboration

Bank of America, a major global financial institution, sought to enhance its digital capabilities. Collaborating with a leading academic institution was a strategic move to leverage research, innovation, and talent for this purpose. The establishment of a dedicated Centre for Digital Transformation signifies a commitment to exploring and implementing cutting-edge digital solutions.

Analyzing the Options

The options provided are all prominent Indian Institutes of Management (IIMs):

  • IIM Delhi
  • IIM Lucknow
  • IIM Ahmedabad
  • IIM Indore

Identifying the Partner Institution

The collaboration between Bank of America and one of these esteemed institutions for the Centre for Digital Transformation occurred in 2021. Based on available information regarding this specific initiative:

  • IIM Ahmedabad was the institution that partnered with Bank of America in 2021 for the Centre for Digital Transformation.

This partnership highlights the importance of academic-industry collaboration in driving innovation, particularly in areas like digital transformation within the financial services industry.

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