Reliance Mutual Fund has partnered with which of the following company to launch voice – based financial transactions?

Correct option is C

The correct answer is (C) Google

Explanation:

• In May 2019, Reliance Nippon Life Asset Management (RNAM), the manager of Reliance Mutual Fund, announced a partnership with Google to enable voice-based financial transactions

.• This was a first-of-its-kind initiative in the Indian financial sector, integrating with Google Assistant

.• The service allows customers to interact with the fund via voice commands to perform tasks like checking account balances, getting fund NAVs, or making SIP (Systematic Investment Plan) payments

.• This partnership aimed to simplify the investment process and increase accessibility for users who prefer conversational interfaces over traditional apps or websites.

Information Booster:

• To use this feature, users simply need to say, "Ok Google, talk to Reliance Mutual Fund."

• Reliance Mutual Fund was later rebranded as Nippon India Mutual Fund after Nippon Life Insurance Company of Japan increased its stake in the company.

Additional Knowledge

:(a) IBM: While IBM provides AI and cloud solutions like Watson, it was not the partner for this specific voice-transaction launch with Reliance Mutual Fund

.(b) Accenture: Often acts as a consulting and implementation partner for large digital transformation projects, but the platform integration for the voice interface was directly with Google's ecosystem

.(d) Infosys: A major Indian IT giant that develops core banking and financial software (like Finacle), but it was not the consumer-facing voice partner in this instance.