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    Question

    Which of the following company was the initial promoter

    of ONDC along iwth QCI?
    A Axis Bank Correct Answer Incorrect Answer
    B Protean eGov Technonologies Limited Correct Answer Incorrect Answer
    C CSDL Correct Answer Incorrect Answer
    D NABARD Correct Answer Incorrect Answer
    E SBI Correct Answer Incorrect Answer

    Solution

    ONDC is an initiative undertaken by the Department for Promotion of industry and Internal Trade (DPIIT). It is a Section 8 company promoted and incorporated by 18 Banks/financial institutions in both the Public and Private sectors. It was incorporated on 31 December 2021 with initial investment from Quality Council of India and Protean eGov Technologies Limited (formerly NSDL e-Governance Infrastructure Limited).

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