UPSC Exam > UPSC Questions > eBkray portal has been launched fora) to ena...
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eBkray portal has been launched for
- a)to enable auction by banks of attached assets.
- b)to enable auction of food grains by Food Corporation of India (FCI).
- c)to enable strategic disinvestment in Public Sector Undertakings (PSUs).
- d)to enable purchase of goods by different ministries of the government.
Correct answer is option 'A'. Can you explain this answer?
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eBkray portal has been launched fora) to enable auction by banks of a...
The eBkray platform provides navigational links to all Public Sector Banks (PSB) e-auction sites, property search feature and presents single-window access to information on properties up for e-auction, comparison of similar properties, and also contains videos and photographs of the uploaded properties.
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The e-auction platform has also now been linked to the Indian Banks Auctions Mortgaged Properties Information (IBAPI) portal and guidelines have been made available
Most Upvoted Answer
eBkray portal has been launched fora) to enable auction by banks of a...
Explanation:
Overview:
The eBkray portal has been launched to enable auction by banks of attached assets.
Details:
- The eBkray portal facilitates the auctioning of assets that have been attached by banks due to non-payment of loans by borrowers.
- It provides a transparent and efficient platform for banks to sell off these assets through an online auction process.
- The portal ensures that the auction process is fair and accessible to all interested buyers.
- By utilizing the eBkray portal, banks can recover their dues from defaulting borrowers in a streamlined manner.
- This initiative helps in resolving non-performing assets (NPAs) and strengthening the financial health of banks.
Significance:
- The eBkray portal plays a crucial role in enhancing the effectiveness of the banking system by facilitating the disposal of attached assets.
- It contributes to the overall stability of the financial sector by promoting timely recovery of loans and reducing the burden of NPAs on banks.
- The transparency and convenience offered by the portal benefit both banks and buyers, leading to smoother transactions and improved outcomes.
In conclusion, the eBkray portal serves as a valuable tool for banks to efficiently conduct auctions of attached assets, ultimately aiding in the resolution of NPAs and strengthening the banking sector.
Overview:
The eBkray portal has been launched to enable auction by banks of attached assets.
Details:
- The eBkray portal facilitates the auctioning of assets that have been attached by banks due to non-payment of loans by borrowers.
- It provides a transparent and efficient platform for banks to sell off these assets through an online auction process.
- The portal ensures that the auction process is fair and accessible to all interested buyers.
- By utilizing the eBkray portal, banks can recover their dues from defaulting borrowers in a streamlined manner.
- This initiative helps in resolving non-performing assets (NPAs) and strengthening the financial health of banks.
Significance:
- The eBkray portal plays a crucial role in enhancing the effectiveness of the banking system by facilitating the disposal of attached assets.
- It contributes to the overall stability of the financial sector by promoting timely recovery of loans and reducing the burden of NPAs on banks.
- The transparency and convenience offered by the portal benefit both banks and buyers, leading to smoother transactions and improved outcomes.
In conclusion, the eBkray portal serves as a valuable tool for banks to efficiently conduct auctions of attached assets, ultimately aiding in the resolution of NPAs and strengthening the banking sector.
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eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer?
Question Description
eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer?.
eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for eBkray portal has been launched fora) to enable auction by banks of attached assets.b) to enable auction of food grains by Food Corporation of India (FCI).c) to enable strategic disinvestment in Public Sector Undertakings (PSUs).d) to enable purchase of goods by different ministries of the government.Correct answer is option 'A'. Can you explain this answer?.
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