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Economy
Source: PIB
Exam: Not Applicable
Current Affairs/Jan 2025/03-Jan-2025

Question 1 : (English)

What is BAANKNET launched by Ministry of Finance?

  • A.
    A digital payment gateway for inter-bank transactions.
  • B.
    A centralized system for managing bank accounts.
  • C.
    A property listing and e-auction platform.
  • D.
    A fintech platform for SME loans and credit.

प्रश्न 1 : (Marathi)

अर्थ मंत्रालयाने सुरू केलेले बँकनेट काय आहे?

  • A.
    आंतर-बँक व्यवहारांसाठी डिजिटल पेमेंट गेटवे.
  • B.
    बँक खाती व्यवस्थापित करण्यासाठी केंद्रीकृत प्रणाली.
  • C.
    मालमत्ता सूची आणि ई-लिलाव मंच.
  • D.
    SME कर्ज आणि क्रेडिटसाठी एक फिनटेक प्लॅटफॉर्म.

Correct Option: C

Explaination:

Bank Asset Auction Network : A state-of-the-art innovative property listing and e-auction platform designed specifically for banks and lending institutions, addressing recovery of Non-Performing Asset (NPA) loans through efficient property auctions.

बँक मालमत्ता लिलाव नेटवर्क: एक अत्याधुनिक नाविन्यपूर्ण मालमत्ता सूची आणि ई-लिलाव प्लॅटफॉर्म विशेषतः बँका आणि कर्ज देणाऱ्या संस्थांसाठी डिझाइन केलेले, कार्यक्षम मालमत्तेच्या लिलावाद्वारे नॉन-परफॉर्मिंग ॲसेट (NPA) कर्जाची पुनर्प्राप्ती संबोधित करते.

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