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  9. Q95

KPSC KAS 2017 · Question 95 of 200

With reference to the Electoral Bonds mentioned in Budget 2017 – 18, consider the following statements : A. The bonds may be purchased by cash, cheque or draft from nationalized banks only. B. They will be issued by the Election Commission of India. C. They will be the only instrument to make donations to political parties. Other than these bonds no payment in any form can be made to political parties for donations. Which of the statements given above is/are correct ? Select the code for the correct answer from the options given below :

Indian Economy

  1. AB only
  2. BA and B only
  3. CA, B and C
  4. DNone of the aboveCorrect

Answer: D. None of the above

Explanation

Electoral bonds (Budget 2017-18) are bought through KYC-compliant instruments from SBI, are issued by SBI (not the Election Commission) and are not the only donation instrument — none of the statements is correct.

Source: KPSC Gazetted Probationers Prelims 2017, Paper-I (General Studies, subject code 261), Series A

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