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.
Which company was responsible for delivering INS Nirdeshak to the Indian Navy?
Which of the following was an equivalent to a spy in an official capacity during the Paurava period?
Which ministry launched the online dredging monitoring system "Sagar Samriddhi" as part of the "Waste to Wealth" initiative?
What was the record distance of Neeraj Chopra's winning throw in the men's javelin final at the 2023 World Athletics Championships?
In the context of RBI’s guidelines on foreign exchange risk management, what is the role of an Authorized Dealer (AD) in monitoring users’ positions...
Which statements is wrong about Swamp deer:
1. Recently, the Manas National Park and Tiger Reserve announced that the population of swamp deer ...
In which location can you find the Galathea Bay National Park?
Where is India's largest leopard safari located?
According to the latest employment-unemployment indicators report released by the National Statistical Office (NSO), what was India's unemployment rate ...
Which Indian city is scheduled to host the 'Bharat Tex 2024' textiles event?