Electoral Bond Data Submission

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Questions and Answers

What percentage of the total income of political parties during the 11-year period between FY 2004-05 and 2014-15 was from 'unknown sources'?

  • 69% (correct)
  • 45%
  • 81%
  • 32%

How many political parties have opened the bank accounts necessary to receive electoral bonds, according to the State Bank of India?

  • 100
  • 25 (correct)
  • 50
  • 10

What did the Centre for Media Studies report state about the expenditure during the Lok Sabha 2019 elections?

  • Nearly Rs 10,000-15,000 crore was spent
  • Nearly Rs 55,000-60,000 crore was spent (correct)
  • Nearly Rs 30,000-35,000 crore was spent
  • Nearly Rs 80,000-85,000 crore was spent

What percentage of income from national parties for FY 2021-22 was from 'unknown sources' as per the Annual Audit Reports?

<p>66.04% (C)</p> Signup and view all the answers

What did the Supreme Court direct the Election Commission of India (ECI) to submit data on?

<p>Electoral bonds received by political parties till September 30, 2023 (C)</p> Signup and view all the answers

What was the proportion of income from unknown sources for national parties for FY 2021-22, as per the Annual Audit Reports?

<p>66.04% (C)</p> Signup and view all the answers

How many political parties submitted status reports to the Election Commission of India (ECI) regarding electoral bonds?

<p>105 parties (C)</p> Signup and view all the answers

What proportion of income from political parties during the 11-year period between FY 2004-05 and 2014-15 was from 'unknown sources'?

<p>69% (D)</p> Signup and view all the answers

What did the Supreme Court direct the Election Commission of India (ECI) to submit data on in 2019?

<p>Electoral bonds received by political parties (C)</p> Signup and view all the answers

What was the estimated expenditure during the Lok Sabha 2019 elections, as per the Centre for Media Studies report?

<p>~Rs 55,000-60,000 crore (B)</p> Signup and view all the answers

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Study Notes

Political Party Funding

  • Between FY 2004-05 and 2014-15, 75% of the total income of political parties was from 'unknown sources'.

Electoral Bonds

  • As of 2021, 19 political parties had opened bank accounts necessary to receive electoral bonds, according to the State Bank of India.

Lok Sabha 2019 Elections

  • The Centre for Media Studies reported an estimated expenditure of ₹60,000 crores during the Lok Sabha 2019 elections.
  • The same report stated that 40% of the expenditure was not accounted for.

Income Disclosure

  • For FY 2021-22, 66.23% of the income of national parties was from 'unknown sources', as per the Annual Audit Reports.

Supreme Court Directive

  • In 2019, the Supreme Court directed the Election Commission of India (ECI) to submit data on the identities of donors who had purchased electoral bonds.
  • Out of 105 political parties, only 21 submitted status reports to the Election Commission of India (ECI) regarding electoral bonds.

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