Topic Details (Notes format)

Electoral Bonds and Political Funding

Subject: Polity

Book: Indian Polity by M. Laxmikanth

A scheme introduced to increase transparency in political donations, allowing individuals/corporates to buy electoral bonds from authorized banks and donate them anonymously to political parties. Proponents argue it formalizes contributions, reducing black money in elections. Critics claim anonymity fosters potential favoritism and questionable corporate influence. The Supreme Court has heard pleas challenging the constitutionality due to lack of donor disclosure to the public. The Election Commission flagged possible undermining of transparency. This debate underscores the tension between donor privacy and public interest in fair, transparent elections. Understanding electoral bonds reveals the complexities of regulating money in India’s vibrant democratic process.

Practice Questions

Who was the first woman to become the President of India?

न्यायिक स्वतंत्रता सुनिश्चित करने के लिए किस सिद्धांत का पालन किया जाता है?

विधान सभा सदस्यों के विवाद समाधान की प्रक्रिया किस अनुच्छेद में है?

What is the term of office of a Member of the Legislative Assembly (MLA)?

Which of the following is a Fundamental Duty under the Indian Constitution?

What is the maximum number of members in the Rajya Sabha?

Which of the following is a provision related to the financial powers of the Parliament?

भारतीय संसद की दो सदनों का नाम क्या है?

कार्यपालिका के प्रमुख के रूप में किसे नियुक्त किया जाता है?

आपातकाल में संसद के सदनों में कितने प्रतिशत मतों की आवश्यकता होती है?