Topic: Salient features of the Representation of People’s Act.
2. What are Electoral bonds? Critically examine its role in ensuring transparency in electoral financing. (250 words)
Reference: The Hindu
Why the question:
The question is based on the theme of electoral bonds.
Key Demand of the question:
Discuss the concept of electoral bonds and examine its role in ensuring transparency in electoral financing.
Directive:
Critically examine – When asked to ‘Examine’, we have to look into the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications. When ‘critically’ is suffixed or prefixed to a directive, one needs to look at the good and bad of the topic and give a fair judgment.
Structure of the answer:
Introduction:
Start with the concept of electoral bonds.
Body:
Under the electoral bond scheme, an electoral bond, issued in the nature of a promissory note, can be bought by any Indian citizen or company incorporated in India. The scheme allows parties to receive these bonds.
This new instrument of political party funding is aimed to ensure greater transparency by addressing the issue of anonymous financing. It sought to eliminate black money from the system.
Present their merits and demerits. Discuss its role in ensuring transparency in electoral financing.
Conclusion:
Conclude with its significance.
