Question

    The GeM SAHAY platform is designed to be 'lender

    agnostic,' meaning:
    A It only allows government lenders to participate. Correct Answer Incorrect Answer
    B It is exclusive to private lenders. Correct Answer Incorrect Answer
    C Any lender regulated by the RBI can participate. Correct Answer Incorrect Answer
    D It restricts lending to international banks only. Correct Answer Incorrect Answer
    E It focuses solely on microfinance institutions. Correct Answer Incorrect Answer

    Solution

    The GeM SAHAY platform is ‘lender agnostic’, allowing for any lender, duly regulated by the Reserve Bank of India, to participate and provide capital and smart collection accounts to the Sellers on GeM.

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