CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The central government has approved the issuance of the 19th instalment of electoral bonds before the assembly elections in how many states?

A	3 states
B	7 states
C	4 states
D	5 states

Explanation:

Detailed explanation-1: -2022. 3. The Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period.

Detailed explanation-2: -A citizen of India or a body incorporated in India will be eligible to purchase the bond. 2. Electoral bond would be issued/purchased for any value, in multiples of ‘1,000, ‘10,000, ‘1,00,000, ‘10,00,000 and ‘1,00,00,000 from the specified branches of the State Bank of India (SBI). 3.

Detailed explanation-3: -Election Bonds To develop and purge the nation’s political fundraising system, the government announced the Electoral Bond Scheme, on January 2, 2018.

Detailed explanation-4: -State Bank of India (SBI) is the only authorised bank to issue electoral bonds. Electoral bonds are being pitched as an alternative to cash donations made to political parties in a bid to bring transparency in political funding.

There is 1 question to complete.