Question
Download Solution PDFIn the XXI phase of sale of electoral bonds can be only purchase from which of the following institution?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is SBI.
Key Points
- Electoral bonds in India can be purchased from the State Bank of India (SBI).
- Therefore, the correct option is SBI
- These bonds are a financial instrument for making donations to political parties and were introduced by the Government of India in 2017.
- These are available for purchase by any Indian citizen or company from specified branches of the State Bank of India.
Additional Information
| Points | NITI Aayog | RBI | SBI | SEBI |
|---|---|---|---|---|
| Full Form | National Institution for Transforming India | Reserve Bank of India | State Bank of India | Securities and Exchange Board of India |
| Established | 2015 | 1935 | 1955 | 1988, given statutory powers in 1992 |
| Primary Role | Policy think tank of the Indian government providing strategic inputs | India's central banking institution, controlling monetary policy | India's largest public sector bank | Regulator for the securities market in India |
| Key Responsibilities | Formulating strategic and long-term policies for the government, fostering cooperative federalism | Regulating the country's currency and credit system, maintaining financial stability | Providing banking services to individuals, businesses and government | Protecting the interests of investors in securities, promoting the development of the securities market |
| Headquarters | New Delhi | Mumbai | Mumbai | Mumbai |
Last updated on Jun 26, 2025
-> The Staff selection commission has released the SSC CHSL Notification 2025 on its official website on 23rd June 2025.
-> The SSC CHSL Apply Online 2025 has been started and candidates can apply online on or before 18th July.
-> The SSC has released the SSC CHSL exam calendar for various exams including CHSL 2025 Recruitment. As per the calendar, SSC CHSL Application process will be active from 23rd June 2025 to 18th July 2025.
-> The SSC CHSL is conducted to recruit candidates for various posts such as Postal Assistant, Lower Divisional Clerks, Court Clerk, Sorting Assistants, Data Entry Operators, etc. under the Central Government.
-> The SSC CHSL Selection Process consists of a Computer Based Exam (Tier I & Tier II).
-> To enhance your preparation for the exam, practice important questions from SSC CHSL Previous Year Papers. Also, attempt SSC CHSL Mock Test.
-> The UGC NET Exam Analysis 2025 for the exam conducted on June 25 is out.