New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the primary objective of the Open Network for

    Digital Commerce (ONDC)?
    A To establish a closed network for e-commerce transactions Correct Answer Incorrect Answer
    B To centralize government-controlled e-commerce operations Correct Answer Incorrect Answer
    C To democratize e-commerce by moving to an open network model Correct Answer Incorrect Answer
    D To promote exclusive partnerships between sellers and buyers Correct Answer Incorrect Answer
    E To restrict the accessibility of digital commerce platforms Correct Answer Incorrect Answer

    Solution

    Open Network for Digital Commerce (ONDC) is a freely accessible government-backed platform that aims to democratize e-commerce by moving it from a platform-centric model to an open network for buying and selling of goods and services.

    Practice Next