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The recently launched go BID app is for which of the following purposes.
Booking air tickets under UDAN scheme.
Bidding for infrastructure projects
To invest in T-bills
Commercial mining
The National Stock Exchange (NSE) has launched an app and web-based platform, ‘NSE goBID’, for retail investors to buy government securities. The app would allow investors to invest in treasury bills (T-Bills) of 91 days, 182 days and 364 days and various government bonds from one year to almost 40 years. The retail investors would be able to make payment directly from their bank accounts using Unified Payments Interface (UPI) and Internet banking. While investment could be done almost every week after a one-time registration, the app would be available to all investors registered with NSE’s trading members.
By: Kritika Kaushal ProfileResourcesReport error
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