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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


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

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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