Question

    At what yearly interest rate does the 'e-Kisan Upaj Nidhi' platform permit farmers to store their produce at any registered WDRA warehouse for up to six months?

    A 5% Correct Answer Incorrect Answer
    B 6% Correct Answer Incorrect Answer
    C 7% Correct Answer Incorrect Answer
    D 8% Correct Answer Incorrect Answer
    E 9% Correct Answer Incorrect Answer

    Solution

    The Minister of Consumer Affairs, Food & Public Distribution launched the ‘e-Kisan Upaj Nidhi’ (Digital Gateway) of Warehousing Development and Regulatory Authority (WDRA) to leverage technology for easing farmers' warehousing logistics and ensuring fair prices for their produce. The 'e-Kisan Upaj Nidhi' platform simplifies the digital process, allowing farmers to store their produce at any registered WDRA warehouse for up to six months at 7% interest per annum.

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