- Eligibility threshold for receiving electoral bonds was 1% vote share in the last election, not 2%. - Bonds had a limited validity period of 15 days. - Credit to the party account happens on the same day of deposit.
Consider following statements about Electoral Bond Scheme 2018: (A) The aim of this scheme is to bring about transparency in the funding process of political parties. (B) Only the political parties recognized by the Election Commission which secured not less than two percent of the votes polled in the last general election to the House of People or the Legislative Assembly of the State shall be eligible to receive the Electoral Bonds. (C) Electoral Bonds shall be valid for fifteen calendar days from the date of issue. (D) The Electoral Bond deposited by an eligible political party in its account shall be credited on the same day. Which of the above statements are correct ?
Asked in RPSC RAS Prelims 2018 · Topic: Political Parties (Funding of Political Parties and Electoral Finances)
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