Skip to content
GK24
EconomyMedium

On which date is the NLMC e-auction of the Prayagraj flats scheduled?

  1. A.5 November 2026
  2. B.20 November 2026
  3. C.7 December 2026
  4. D.11 December 2026

Correct answer

D. 11 December 2026

Explanation

The correct answer is 11 December 2026, when the online auction will run from 11 in the morning to 5 in the evening on a digital auction platform. Option A, 5 November 2026, is the day the Request for Proposal was released, which opened the process rather than concluding it. Option B, 20 November 2026, is the date of the pre-bid meeting, at which prospective bidders may seek clarifications about eligibility conditions, documents, payment procedures and other terms of the proposal. Option C, 7 December 2026, is the last date for completing registration and submitting the earnest money deposit, so a bidder who misses it cannot take part in the auction at all. Keeping the four dates in sequence is the safest way to answer such a question: proposal released, pre-bid meeting, registration and deposit, and finally the auction itself.

Read the full article: NLMC to E-Auction 11 Government Flats in Prayagraj

Q1.EconomyMedium

The National Land Monetization Corporation (NLMC) functions under the administrative control of which department?

  1. A.Department of Public Enterprises, Ministry of Finance
  2. B.Department of Land Resources, Ministry of Rural Development
  3. C.Department of Economic Affairs, Ministry of Finance
  4. D.Ministry of Housing and Urban Affairs
Show answer
Correct answer: A. Department of Public Enterprises, Ministry of Finance

NLMC is a wholly owned Government of India company placed under that department, and it was set up to monetise surplus land and building assets of central public sector enterprises and other government entities in line with the national asset monetisation push.

Q3.EconomyMedium

Which requirement for claiming incentive has been discontinued in the new round of PLI-MD?

  1. A.The minimum sales threshold
  2. B.The export obligation
  3. C.The domestic value addition norm
  4. D.The employment guarantee
Show answer
Correct answer: A. The minimum sales threshold

Learning from the first phase, the department removed the condition that an applicant had to cross a stated level of sales before claiming the incentive, and it also trimmed the minimum investment requirement.