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      Question

      The onboarding of PNB as a lending partner on the GeM

      Sahay Portal enables sellers to access which type of loans against GeM purchase orders?
      A Long-term secured loans Correct Answer Incorrect Answer
      B Collateral-free short-term loans Correct Answer Incorrect Answer
      C Gold-backed loans Correct Answer Incorrect Answer
      D Mortgage loans Correct Answer Incorrect Answer
      E Export credit loans Correct Answer Incorrect Answer

      Solution

      The onboarding of Punjab National Bank (PNB) as a lending partner on the GeM Sahay Portal enables sellers to access collateral-free short-term loans against GeM purchase orders, improving liquidity and easing cash flow challenges. This partnership empowers Micro, Small and Medium Enterprises (MSMEs) and small businesses by improving access to timely and affordable formal credit.

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