Question
Consider the following statements with reference to the
Open Network for Digital Commerce: I. It is a freely accessible government-backed platform that aims to democratise e-commerce. II. Providers and consumers would be able to use any compatible application of their choice for exchange of information and carrying out transactions over ONDC. III. It is an initiative of the Ministry of Consumer Affairs. Which of the statements is/are correct?Solution
Open Network for Digital Commerce (ONDC): Statement 1 is correct -: ONDC is a freely accessible government-backed platform that aims to democratize e-commerce by moving it from a platform-centric model to an open network for buying and selling goods and services. It is a not-for-profit organization that will offer a network to enable local digital commerce stores across industries to be discovered and engaged by any network-enabled applications. Statement 2 is correct -: Under ONDC, it is envisaged that a buyer registered on one participating e-commerce site (for example, Amazon) may purchase goods from a seller on another participating e-commerce site (for example, Flipkart). Providers and consumers would be able to use any compatible application of their choice for exchange of information and carrying out transactions over ONDC. Statement 3 is not correct -: It is an initiative of the Ministry of Commerce and Industry.
18 years ago the average age of a family of four members was 45 years. Two children were born in that span of 18 years. The present average age of the f...
If the sum of the ages of a father and his son is 60 years and the difference of their ages is 30 years, what is the father's age?
The average of the current ages of Armaan, Biju, Chinky, and Danny is 31 years. Two years from now, the average age of Armaan and Biju will be 22 years....
The present age of A is 4 years more than the present age of B. 5 years ago, A's age was twice that of B. What are the present ages of A and B?
A girl’s age is 145% of what it was 8 years ago, but 65% of what it will be after 8 years. What is her present age?
Present age of ‘S’ is 50% more than that of ‘T’. 6 years ago, ‘S’ was 2.5 times as old as ‘T’. Find the present age of ‘T’.
...The present age of a father is three times that of his son. After 10 years, the father’s age will be twice that of his son. What are their current age...
The sum of the ages of a father and his son is 60 years. 15 years ago, the father was five times as old as the son. What is the present age of the father?
The current age ratio of P to Q is 9:13. Six years ago, Q's age was 4 years less than twice P's age at that time. If the average ...
The present average age of ‘X’ and ‘Y’ is 45 years, present average age of ‘X’ and ‘Z’ is 32 years and present average age of ‘Y’ an...
Relevant for Exams:
