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Consider the following statements about the Suvidha portal:
  1. This portal was developed by the Reserve Bank of India.
  2. It caters to permissions for foreign direct investments in India.
Which of the statements given above is/are correct?
  • a)
    1 only 
  • b)
    2 only 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements about the Suvidha portal: This porta...
  • Context: Since the announcement of General Elections 2024, over 73,000 applications have been received on the Suvidha Portal, with more than 44,600 requests approved.
    • The portal ensures transparency and a level playing field for political parties and candidates by adhering to the First in First out principle.
    • It caters to a wide range of permission requests such as organizing rallies, opening temporary party offices, and distributing pamphlets.
    • The data available on the portal aids in scrutinizing election expenditures, contributing to greater accountability.
  • The Suvidha portal is a technological solution created by the Election Commission of India (ECI) to facilitate fair and transparent elections.
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Most Upvoted Answer
Consider the following statements about the Suvidha portal: This porta...
Explanation:

Incorrect Statements:
The provided statements about the Suvidha portal are incorrect.

1. Developed by the Reserve Bank of India:
The Suvidha portal was not developed by the Reserve Bank of India. It was actually developed by the Ministry of Finance, Department of Economic Affairs, Government of India.

2. Permissions for foreign direct investments:
The Suvidha portal does not cater specifically to permissions for foreign direct investments in India. Instead, it is a single-window online portal for facilitating the process of applying for various government approvals and clearances required for setting up a business in India.

Correct Answer:
Therefore, both statements provided are incorrect. The correct answer is option 'D' - Neither 1 nor 2.
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