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Q112 (CDS-I/2025) Economy › Economy Current Affairs › Economy Current Affairs

Which of the following statements about Open Network for Digital Commerce (ONDC) is/are correct ? 1. It was launched in 2021 by the Government of India. 2. Its aim is to democratize e-commerce in India. 3. India has surpassed China in 2024 in e-retail penetration. Select the answer using the code given below :

Result
Your answer: —  Â·  Correct: B
Explanation
ONDC was initiated and incorporated as a Section 8 company in December 2021 (Statement 1) to democratize e-commerce by creating an interoperable open network (Statement 2). Statement 3 is incorrect because China remains the global leader in e-retail penetration (estimated at over 45%), while India's penetration is significantly lower (approximately 7-10%), despite being one of the fastest-growing markets. Since '2 only' is not provided as an option, B (1 and 2 only) is the correct choice, as Statement 1 refers to the project's inception year.
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