Consider the following statements about the Open Network for Digital Commerce (ONDC):

ONDC links e-marketplaces, enabling direct seller-to-customer transactions without intermediaries.

It uses a platform-based model for buying and selling goods and services.

Launched in 2021 by the Ministry of Consumer Affairs, Food, and Public Distribution.

The Quality Council of India integrates e-commerce platforms via ONDC's open-source tech network.

Which of the above statements are correct?

Question

ONDC links e-marketplaces, enabling direct seller-to-customer transactions without intermediaries - This is correct. ONDC is designed to eliminate intermediaries by connecting sellers directly with customers through a network of interconnected e-marketplaces.
It operates on a platform-centric model for buying and selling goods and services - This is incorrect. ONDC operates on an open network model, not a platform-centric model, which differentiates it from traditional e-commerce platforms.
Launched in 2021 under the Ministry of Consumer Affairs, Food and Public Distribution - This is incorrect. ONDC was launched in 2021 under the Department for Promotion of Industry and Internal Trade (DPIIT), not the Ministry of Consumer Affairs, Food and Public Distribution.
The Quality Council of India is responsible for integrating e-commerce platforms through ONDC's open-source technology network - This is correct. The Quality Council of India plays a key role in overseeing the integration of various e-commerce platforms into the ONDC network using open-source technology.

GKToday Admin · Accepted Answer

Only two

ONDC links e-marketplaces, enabling direct seller-to-customer transactions without intermediaries - This is correct. ONDC is designed to eliminate intermediaries by connecting sellers directly with customers through a network of interconnected e-marketplaces.
It operates on a platform-centric model for buying and selling goods and services - This is incorrect. ONDC operates on an open network model, not a platform-centric model, which differentiates it from traditional e-commerce platforms.
Launched in 2021 under the Ministry of Consumer Affairs, Food and Public Distribution - This is incorrect. ONDC was launched in 2021 under the Department for Promotion of Industry and Internal Trade (DPIIT), not the Ministry of Consumer Affairs, Food and Public Distribution.
The Quality Council of India is responsible for integrating e-commerce platforms through ONDC's open-source technology network - This is correct. The Quality Council of India plays a key role in overseeing the integration of various e-commerce platforms into the ONDC network using open-source technology.

Current Affairs