2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which company and ONDC have a memorandum of understanding in place to boost the involvement of small and medium-sized businesses in online commerce?
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Small Industries Development Bank of India (SIDBI)
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HDFC Bank
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IDFC First Bank
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IDBI Bank
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Explanation:
Detailed explanation-1: -A Memorandum of Understanding was recently inked between ‘Open Network for Digital Commerce (ONDC)’ and ‘Small Industries Development Bank of India (SIDBI)’, to increase the participation of small and medium-sized businesses in e-commerce, by bringing them on the ONDC network.
Detailed explanation-2: -Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks.
Detailed explanation-3: -Head Office SIDBI Tower, 15, Ashok Marg, Lucknow - 226001, Uttar Pradesh.
There is 1 question to complete.