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Current Affairs

'Bharatmarket'—By Confederation of All India Traders (CAIT)

Current Context: Confederation of All India Traders (CAIT) has decided to launch 'Bharatmarket' which is a national e-commerce marketplace.
'Bharatmarket'—By Confederation of All India Traders (CAIT)
  • 'Bharatmarket' will be used for all retail traders in collaboration with several technology partners.
  • The national e-commerce market place will integrate capabilities of various technology companies to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers, including deliveries at home.
  • Bharatmarket will include nationwide participation of all retailers and aims to bring 95% of retail traders onboard the platform, who would be handling the portal.
  • The Confederation of All India Traders (CAIT) has received support and guidance of the Ministry of Commerce and Industry for this initiative.

Static Part: 

  • Union Minister of Commerce and Industry: Piyush Goyal

Question:

Q.1 Confederation of All India Traders (CAIT) in support of the Ministry of Commerce and Industry has decided to launch which national e-commerce marketplace?
a. Bharatmarket
b. RetailMarket
c. Indiamarket
d. Both a and b
'Bharatmarket'—By Confederation of All India Traders (CAIT) 'Bharatmarket'—By Confederation of All India Traders (CAIT) Reviewed by Neha Verma on May 03, 2020 Rating: 5

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