IBPS PO General Awareness: Financial Technology questions with solutions

Q1. Which of the following organizations are founding members of the Open Network for Digital Commerce (ONDC), which was incorporated as a Section 8 company in December 2021? 1. Quality Council of India 2. Protean eGov Technologies Limited 3. National Payments Corporation of India 4. Ministry of Electronics and Information Technology

1. Only 1
2. Only 1, 2, and 3
3. Only 1 and 2
4. Only 3 and 4

Answer: Only 1, 2, and 3

ONDC was set up with founding members including the Quality Council of India, Protean eGov Technologies Limited, and the National Payments Corporation of India. The Ministry of Electronics and Information Technology supported the initiative, but it is not counted among the founding members in this list.