Electoral bond scheme Current Affairs, GK & News
Electoral bond scheme is a scheme announced during the 2017 Union Budget to enable anonymous donation of money to political parties. Electoral bonds are interest free bearer instruments that are sold in several denominations: Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh, and Rs 1 crore by the State Bank of India. No ..
Supreme Court of India, on March 26, 2021, refused to stay sale of fresh set of electoral bonds from 1 April. This decision was taken ahead of assembly elections across four states; Kerala, West Bengal, Assam and Tamil Nadu and in Union Territory of Puducherry. Highlights Supreme Court, while refusing the stay, underlines that these ..