Correct Answer: Online agricultural commodity trading

Solution : The correct answer is (a) Online agricultural commodity trading.

The e-NAM platform is an online platform that connects agricultural markets (mandis) across the country to create a unified national market for agricultural commodities. It aims to provide farmers with a transparent and efficient system for selling their produce and enable buyers to access a wider range of agricultural commodities from different regions.

Through the e-NAM platform, farmers can register and upload details of their produce, including quantity and expected price, for sale. The platform provides transparent price discovery, eliminates middlemen, and enables farmers to receive fair prices for their produce. It also facilitates online bidding and allows buyers to purchase agricultural commodities directly from farmers.

The e-NAM platform promotes a competitive market environment, reduces transaction costs, enhances market access for farmers, and improves price realization for their agricultural produce. It aims to create a more efficient and integrated agricultural marketing system in the country.