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Q54 (IAS/2026) Economy › Economy Current Affairs Official Key

Which one of the following best describes the key objective of India's 'Open Network for Digital Commerce' (ONDC) initiative?

Result
Your answer: —  ·  Correct: C

Explanation

The Open Network for Digital Commerce (ONDC) is a flagship initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. Its primary objective is to democratise digital commerce by shifting it from a platform-centric model to an open-network model.

By enabling interoperability, ONDC allows buyers and sellers to interact and transact regardless of the specific platform or application they are registered on. This fundamentally aims to break the dominance and monopolies of large e-commerce giants (such as Amazon and Flipkart), thereby creating a level playing field for small retailers, local businesses, and MSMEs.

ONDC does not aim to replace private e-commerce players, mandate UPI payments for all transactions, or establish government control over digital commerce; rather, it provides an open protocol to facilitate decentralized and inclusive e-commerce.

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SIMILAR QUESTIONS

CDS-I · 2025 · Q112 Relevance score: 3.99

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 :

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