Current Affairs · Government Initiatives and Digital Economy
The Open Network for Digital Commerce (ONDC) aims to democratise e-commerce in India. Consider the following statements: 1. ONDC is a protocol — not a platform — enabling buyers and sellers on different apps to transact with each other. 2. ONDC is incorporated as a Section 8 (not-for-profit) company under the Companies Act. 3. ONDC covers only product-based retail and is not extended to services. 4. ONDC uses the Beckn Protocol as its underlying open-source technology standard. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 and 4 only
- 22 and 3 only
- 31, 2 and 4 only✓
- 41 and 2 only
Correct answer
1, 2 and 4 only
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