Question

    What is the primary purpose of the Entity Locker

    launched by the Government of India?
    A To support personal loan management Correct Answer Incorrect Answer
    B To facilitate digital governance Correct Answer Incorrect Answer
    C To manage business and organizational documents Correct Answer Incorrect Answer
    D To enable digital payments Correct Answer Incorrect Answer
    E To track government expenses Correct Answer Incorrect Answer

    Solution

    The Entity Locker is a cloud-based digital platform aimed at improving the management, sharing, and verification of business and organizational documents. It is intended for entities such as government organizations, private companies, and MSMEs, and simplifies compliance processes and enhances document accessibility.

    Practice Next