e-NWR – An Effective Tool for Promoting Pledge Financing Flashcards

1
Q

e-NWR – An Effective Tool for Promoting Pledge Financing” was organised by the

A

Warehousing Development and Regulatory Authority (WDRA)

under the Department of Food and Public Distribution (DFPD)

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2
Q

Warehousing Development and Regulatory Authority was constituted in

A

2010

under the Warehousing (Development and Regulation) Act, 2007

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3
Q

The main objective of WDRA is to implement ____ System in the country.

A

Negotiable Warehouse Receipt (NWR)

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4
Q

Negotiable Warehouse Receipt was launched in

A

2011 by the Ministry of Consumer Affairs, Food & Public Distribution

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5
Q

It has negotiability and can be used for deposit and withdrawal of commodities as well as trade transactions such as transfer and Pledge. Name it

A

Electronic Negotiable Warehouse Receipt (e-NWR)

launched in 2017

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