46. Which of the following statements is/are true regarding
Electoral Bonds?
i) The scheme of electoral bonds addresses the concerns of
donors to remain anonymous to the general public or to rival
political parties.
ii) Electoral Bonds could only be bought using cheques or
digital payments.
Select the correct answer using the code given below.
46. Which of the following statements is/are true regarding
Electoral Bonds?
i) The scheme of electoral bonds addresses the concerns of
donors to remain anonymous to the general public or to rival
political parties.
ii) Electoral Bonds could only be bought using cheques or
digital payments.
Select the correct answer using the code given below.
The correct option is C c) Both i and ii
C) Explanation:
Electoral bonds the bonds will only be issued by a notified bank. It could only be bought using cheques or digital payments. The bonds purchased by donor will be given to a political party for a fixed period of time. A political party using their notified bank account can convert these bonds into money. All political parties are required to notify their bank account to the Election Commission. This bond will be like a bearer cheque which will facilitate donor's anonymity
C)
Explanation:
Electoral bonds the bonds will only be issued by a notified bank. It could only be bought using cheques or digital payments. The bonds purchased by donor will be given to a political party for a fixed period of time. A political party using their notified bank account can convert these bonds into money. All political parties are required to notify their bank account to the Election Commission. This bond will be like a bearer cheque which will facilitate donor's anonymity
