CSE-2019 | Prelims Daily Quiz 57

Daily Quiz for Civil Services Preliminary Examination 2019

Question:

With reference to the electoral bond scheme, which of the following statements is/are True?

1. The electoral bonds can be issued by the State Bank of India only.

2. One can buy an electoral bond of Rs 500.

3. One can buy an electoral bond of Rs 1 crore.

 

Select the correct answer using the code given below:

a) 1 and 2 only

b) 2 and 3 only

c) 1 and 3 only

d) 1, 2 and 3

Correct Answer

c) 1 and 3 only

Explanation for the Correct Answer
  • The bonds will be issued in multiples of ₹1,000, ₹10,000, ₹1 lakh, ₹10 lakh and ₹1 crore and will be available at specified branches of State Bank of India.

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