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The negotiable warehouse receipt (NWR) system was launched in 2011 allowing the transfer of ownership of a commodity stored in a warehouse without having to deliver it physically.
These receipts are issued in negotiable form, making them eligible as collateral.
This has been enabled by enabling the financing of warehouse receipts through the Warehouse (Development and Regulation) Act, 2007.
Assertion (A) Aluminum is a green metal.
Reason (R) : It saves forests by taking the place of wood.
Select the correct answer from the cod...
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Where was Uttar Pradesh’s first traffic park recently opened?
Which of the following districts of Uttar Pradesh has no poly-clinic?
Which is the greatest example of stone craft of Uttar Pradesh?
Where was the three day B 20(Business 20) meeting held from 22nd to 24th January, 2023?
Recently ASEAN member states have celebrated _____ anniversary in 2022?
Who was the author of the Book 'Planned Economy for India'?
The Odisha Cabinet recently approved the proposal to include which language in the 8th Schedule of the Constitution?
When is World Turtle Day observed annually?