SarkariPYQ

SSC CHSL 2019 PYQ — Question 30

SSC CHSL - 2nd July 2019 - Shift 2 • General Awareness • Q30

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Which of the following banks was authorised to issue Electoral Bonds?

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Correct answer: C

Explanation

The correct answer is option 3, i.e. State Bank of India

Which of the following banks was authorised to issue Electoral Bonds?

State Bank of India

What is Electoral Bonds?
  • Electoral Bond refers to a bond that has its specified face value, mentioned on it like a currency note.
  • These bonds can be used by individuals, institutions, and organizations to donate money to political parties without revealing the name of the donor.
  • These electoral bonds will be available in the denomination of Rs. 1,000, Rs. 10,000, Rs. 1 lac, Rs. 10 lacs and Rs. 1 crore.

State Bank of India:

  • Chairperson: Rajnish Kumar
  • Headquarters: Mumbai