Multiple Choice Questions on With reference to Open Network for Digital Commerce ONDC consider the following statements It is an ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With reference to Open Network for Digital Commerce ONDC consider the following statements It is an ...........

Economic Affairs Digital Economy
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    With reference to Open Network for Digital Commerce (ONDC), consider the following statements

    1. It is an aggregator application and a hosting platform for all existing digital commerce applications.
    2. ONDC was incubated by the Department for Promotion of Industry and Internal Trade (DPIIT) at the Quality Council of India..

    Select the correct statement.

    1 only

    Incorrect Answer

    2 only

    Correct Answer

    Both

    Incorrect Answer

    None

    Incorrect Answer
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    Explanation:
    • It is neither an aggregator application nor a hosting platform, and all existing digital commerce applications and platforms can voluntarily choose to adopt and be a part of the ONDC network.
    • ONDC was incubated by the Department for Promotion of Industry and Internal Trade (DPIIT) at the Quality Council of India. A nine-member advisory council, including Nandan Nilekani from Infosys and National Health Authority CEO RS Sharma, counseled the government on the measures required to design and accelerate the adoption of ONDC.

    Hence only statement 2nd is correct.

    By: Shubham Tiwari
    ProfileResources

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    maas erp

    After the success of UPI now ONDC is the project which can change the ecommerce world so small retailers can also use this platform to grow their business.Dhi MAAS has partnered with ONDC to offer ready-to-use solutions for sellers to seamlessly join the network.

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