Question

The National Agriculture Market launched in 2016 is a ______
1. Electronic trading portal for agriculture commodities
2. APMC
3. National Market for Farm Produce in New Delhi
4. Agri Export Zone

Answer 1

Correct Answer - Option 1 : Electronic trading portal for agriculture commodities

The correct answer is Electronic trading portal for agriculture commodities.

• National Agriculture Market or eNAM is an online trading platform for agricultural commodities in India.
• The market facilitates farmers, traders, and buyers with online trading in commodities.
• The market is helping in better price discovery and providing facilities for smooth marketing of their produce. 
• The eNAM markets are proving popular as the crops are weighed immediately and the stock is lifted on the same day and the payments are cleared online.

• National Agriculture Market launched on 14 April 2016.
• It is under the Ministry of Agriculture.
• Minister of Agriculture is Narendra Singh Tomar.
• The official website of this portal is https://enam.gov.in/web.