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Consider the following statements regarding Open Network for Digital Commerce (ONDC).
  1. Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms.
  2. It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks.
  3. It is the initiative of Department for Promotion of Industry and Internal Trade (DPIIT).
Which of the above statements is/are correct?
  • a)
    1, 2 
  • b)
    1, 3 
  • c)
    2, 3 
  • d)
    1, 2, 3
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Open Network for Digital C...
Government-backed project
- The first statement is correct. Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms.

Promoting open networks
- The second statement is also correct. ONDC is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks.

Initiative of DPIIT
- The third statement is correct as well. ONDC is indeed the initiative of the Department for Promotion of Industry and Internal Trade (DPIIT).
Therefore, all three statements are correct, and the correct answer is option 'D' - 1, 2, 3. ONDC aims to empower small merchants by providing them with access to technologies and processes used by larger e-commerce platforms, promoting open networks for digital commerce, and is being implemented by the DPIIT in India.
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Consider the following statements regarding Open Network for Digital C...
The Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants and mom-and-pop stores in parts of the country to access processes and technologies that are typically deployed by large e-commerce platforms such as Amazon and Flipkart.
It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. ONDC is to be based on open-sourced methodology, using open specifications and open network protocols independent of any specific platform. It is being developed as a counter to the current stranglehold of two big players in the Indian e-commerce market, which is largely dictated by Amazon and Walmart-owned Flipkart. In May this year, the Department for Promotion of Industry and Internal Trade (DPIIT) went live with a test run of ONDC in cities like Delhi-NCR, Bengaluru, Coimbatore, Bhopal, and Shillong where it plans to onboard 150 sellers.
The ONDC platform lies in the middle of the interfaces hosting the buyers and the sellers.
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Consider the following statements regarding Open Network for Digital Commerce (ONDC). Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms. It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. It is the initiative of Department for Promotion of Industry and Internal Trade (DPIIT).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding Open Network for Digital Commerce (ONDC). Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms. It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. It is the initiative of Department for Promotion of Industry and Internal Trade (DPIIT).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Open Network for Digital Commerce (ONDC). Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms. It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. It is the initiative of Department for Promotion of Industry and Internal Trade (DPIIT).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Open Network for Digital Commerce (ONDC). Open Network for Digital Commerce (ONDC) is a government-backed project aimed at enabling small merchants in parts of India to access processes and technologies that are typically deployed by large e-commerce platforms. It is an initiative aimed at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. It is the initiative of Department for Promotion of Industry and Internal Trade (DPIIT).Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?.
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