Question
GeM is going to launch a new version of the existing
portal GeM- SAHAY.Which of the following information is correct with respect to the above fact? I.Infosys will become GeM’s new technology partner, and will take control of the existing portal and build a new one. II. GeM’s revamped instant-credit disbursal initiative — GeM SAHAY 2.0 will be made available for all businesses except sole proprietorships. III.The loan coverage will be up to Rs 10 lakh and the loan will be approved in 10 minutes.Solution
 GeM follows a rigorous vendor validation process, which includes a two-step contactless process, where online forms are used to submit and validate essential business documents.Mobile-application based video assessments are conducted to ascertain the credentials of the applicant. However, this is a one-time verification process. Tata Consultancy Services (TCS) will become GeM’s new technology partner, and will take control of the existing portal and build a new one. The portal is currently being managed by a consortium of companies, including Infibeam Avenues, which had a five-year contract. GeM’s revamped instant-credit disbursal initiative — GeM SAHAY 2.0 — will be made available for all businesses instead of only sole proprietorships. Banking and finance partners such as AU Small Finance Bank, ICICI Bank, Kotak Mahindra Bank, Lendingkart and Tata Capital, among others,have onboarded. The loan coverage will be up to Rs 10 lakh and the loan will be approved in 10 minutes. Through the GeM SAHAY initiative, all sellers will be able to get collateral-free loans at the point of acceptance of an order at competitive interest rates. It will provide the working capital required to complete an order.
Three of the given options are alike in a certain way. However, one option is not like the other three. Select the option which is different from the ot...
There is a family of six members. There are two married couples. X is a daughter of F, who has two children. F is the mother of Y. Y is the husband of ...
Which of the following numbers will replace the question mark (?) in the given series?
18, 27, 31, 43, 44, 59, 57, ?
If in a code language, 'Red' is called 'Green', 'Green' is called 'Pink', 'Pink' is called 'Brown', and 'Brown' is called 'Violet', then which coloured ...
In the following number-pairs, the second number is obtained by applying certain mathematical operations to the first number. Select the set in which th...
Select the correct combination of mathematical signs that can sequentially replace the * signs and balance the given equation.
36 * 12 * 6 * 12 * 3 = 63
Read the given statements, labelled Assertion (A) and Reason (R), and select the most appropriate option with respect to them.
Statement :
...Eight people M, N, P, S, T, V, X and Y are sitting in a straight line and all are facing north.
N sits second from one of the extreme ends of the...
In a certain language, ADDICT is written as DDATCI. How will JAGUAR be written?
The position of how many letters will remain unchanged if each of the letters in the word ‘ABDUCTS’ is arranged in English alphabetical order?
Relevant for Exams:
