The Electoral bonds are instruments/securities that are used to donate funds to political parties introduced with the Finance Bill 2017. These bonds are on the lines of bearer bonds or promissory notes wherein the issuer (bank) is the custodian and pays the one who holds the bonds (political party).
Subscribe to "BYJU’S IAS" Channel:
👉 [ Ссылка ]
Subscribe to our “BYJU’S IAS Hindi” Channel:
👉 [ Ссылка ]
Register FREE - BYJU’S National Scholarship Test (BNST) for IAS
👉 [ Ссылка ]
Free IAS Workshop [Limited Seats Available] - Register Now
👉 [ Ссылка ]
To take part in the Free Target Mains 2022 Program, download the App and register now! [ Ссылка ]
Join us on Telegram Now for all the latest updates
👉 [ Ссылка ]
Issuing of electoral bonds are a type of political funding and there are some issues and concerns associated with them. These issues are frequently seen in the news; hence the topic is relevant for the upcoming UPSC Civil Services Exam 2021.
Watch the entire video for a complete understanding of Electoral Bonds and their importance, concerns and drawbacks.
Download the PDF here -
[ Ссылка ]
Related Links:
Electoral Bonds
[ Ссылка ]
Election Commission of India (Article 324)
[ Ссылка ]
Explained: One Nation, One Election
[ Ссылка ]
#ElectoralBonds
#BYJUS_Explained
#UPSC2021
Happy Learning!
BYJU'S IAS
