New Cracking SEBI General in 60 Days - Possible or Not?
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Question

Which of the following statements is correct about the Electoral Bond Scheme?

A The bonds can be purchased only by Indian citizens. Correct Answer Incorrect Answer
B Political parties are required to disclose the names of donors who contribute through electoral bonds. Correct Answer Incorrect Answer
C Anonymous cash donations were capped at Rs 10,000 Correct Answer Incorrect Answer
D Electoral bonds can be purchased for any value in multiples of Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10,00,000, and Rs 1,00,00,000 Correct Answer Incorrect Answer
E SBI is not the only authorized bank to sell electoral bonds Correct Answer Incorrect Answer

Solution

The electoral bonds can be purchased for any value in multiples of Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10,00,000, and Rs 1,00,00,000.

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