Question
Which financial services company has launched electronic
bank guarantee services for its MSMEs and corporate clients in association with National E-Governance Services Ltd (NeSL) to replace the conventional time-intensive paper-based bank guarantee?Solution
HSBC India has launched electronic bank guarantee services for its MSMEs and corporate clients in association with National E-Governance Services Ltd (NeSL) to replace the conventional time-intensive paper-based bank guarantee. The move is aimed to digitise trade and ease the guarantee issuance process digitally with the introduction of e-stamping and e-signing. With the new solution, the applicant will be able to instantly view a bank guarantee on the NeSL portal.
A number is initially increased by 37.5% and then reduced by 40%. The final value obtained after these changes is 6,270. Determine 80% of the original n...
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The value of
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