Question : In the XXI phase of the sale of electoral bonds, they can only be purchased from which of the following institutions?
Option 1: NITI Aayog
Option 2: RBI
Option 3: SEBI
Option 4: SBI
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Correct Answer: SBI
Solution : The correct answer is SBI.
Electoral bonds in India can be purchased from the State Bank of India , and these bonds are like a financial tool for making donations to political parties. Electoral bonds have a limited validity period during which they can be used. The bonds can only be encashed by eligible political parties within a prescribed timeframe. They were introduced in 2017 by the Government of India.
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