Q. Which of the following statements is/are correct regarding the Electoral Bonds introduced in 2018?
Choose the correct answer using the codes given:
Explanation:
Electoral bonds are instruments/securities that are used to donate funds to political parties. The Electoral Bonds were notified in the year 2018. These bonds are on the lines of bearer bonds or promissory notes wherein the issuer (bank) is the custodian and pays the one who holds the bonds (political party).
The features of electoral bonds and the process involved are: