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eBsray 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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eBsray portal has been launched fora)to enable auction by banks of at...
Launch of eBkray Portal for Auction of Attached Assets by Banks

The eBkray portal was launched for enabling the auction of attached assets by banks. This portal has been designed to provide a transparent and convenient platform to banks for auctioning the assets attached by them. The portal is expected to make the process of auctioning attached assets faster and more efficient.

Benefits of eBkray Portal

The benefits of eBkray portal are as follows:

1. Transparency: The portal ensures transparency in the process of auctioning attached assets, which increases the confidence of bidders.

2. Accessibility: The portal is accessible to bidders from anywhere, which increases the pool of potential buyers.

3. Convenience: The portal provides a convenient platform for banks to auction attached assets, which saves time and efforts.

4. Efficiency: The portal streamlines the process of auctioning attached assets, which makes it more efficient.

Conclusion

The launch of eBkray portal is a significant step towards making the process of auctioning attached assets more transparent, accessible, and efficient. This portal is expected to benefit both banks and bidders, and it is likely to increase the recovery of bad debts.
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Community Answer
eBsray portal has been launched fora)to enable auction by banks of at...
Option (a) is the correct answer.
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.
The e-auction platform has also now been linked to the Indian Banks Auctions Mortgaged Properties Information (IB API) portal and guidelines have been made available.
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eBsray 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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eBsray 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 eBsray 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 eBsray 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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