LAUNCHES
Digital Platforms
DigiHaat Unveils 'Swadeshi' Marketplace to Bolster Local Artisans under ONDC
DigiHaat has launched 'Swadeshi', a new digital marketplace designed specifically to promote authentic 'Made-in-Bharat' products.
The platform operates within the Open Network for Digital Commerce (ONDC) ecosystem, aimed at breaking the monopoly of large e-commerce players.
DigiHaat functions as a subsidiary under Nirmit Bharat, which is registered as a Section 8 not-for-profit entity.
This move aligns with the Atmanirbhar Bharat vision by providing local producers and MSMEs direct access to a wider consumer base.
The platform operates within the Open Network for Digital Commerce (ONDC) ecosystem, aimed at breaking the monopoly of large e-commerce players.
DigiHaat functions as a subsidiary under Nirmit Bharat, which is registered as a Section 8 not-for-profit entity.
This move aligns with the Atmanirbhar Bharat vision by providing local producers and MSMEs direct access to a wider consumer base.
Key Facts / Static GK
ONDC Full Form: Open Network for Digital Commerce
ONDC Established: 31 December 2021
Department overseeing ONDC: DPIIT (Ministry of Commerce and Industry)
ONDC Established: 31 December 2021
Department overseeing ONDC: DPIIT (Ministry of Commerce and Industry)
Practice Quiz — 13 May 2026
Q1. As per the latest RBI Master Direction, what is the maximum penalty for repeated violations regarding the refusal to exchange mutilated or soiled notes?
Answer: (D) Rs 5,00,000 — While the initial penalty for a single deficiency is Rs 10,000, it can rise to a maximum of Rs 5 lakh for repeated violations by a bank.
Q2. Under the new guidelines, what is the maximum daily limit for free exchange of soiled notes at any bank branch?
Answer: (B) 20 pieces or Rs 5,000 — RBI allows free exchange of soiled notes for up to 20 pieces or a total value of Rs 5,000 per day over the counter.
Q3. Which of the following statements regarding the VB-G RAM G Act is incorrect?
Answer: (C) The Centre funds 100% of unskilled wages for all states. — Unlike MGNREGA, where the Centre funded 100% of unskilled wages, the new Act introduces a cost-sharing model (e.g., 60:40 for general states and 90:10 for Himalayan/NE states).
Q4. Who was sworn in as the 13th Chief Minister of Tamil Nadu in May 2026?
Answer: (C) Joseph Vijay — C. Joseph Vijay, leading the TVK party, took the oath as the 13th CM of Tamil Nadu, succeeding M.K. Stalin.
Q5. From July 1, 2026, if an educational institution wants to use stock price data for classroom demonstration for free, what is the minimum required time lag as per SEBI?
Answer: (D) 30-day lag — SEBI has standardized the delay to 30 days for educational use to simplify the earlier framework of 1-day/3-month lags.
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