Which one of the following best describes the key objective of India's 'Open Network for Digital Commerce' (ONDC) initiative?
To allow government control over all digital commerce transactions
To replace private e-commerce players
To break the dominance of large e-commerce platforms by enabling interoperability across networks
To mandate UPI-based payments for all online transactions
View Answer
Correct Answer: C — To break the dominance of large e-commerce platforms by enabling interoperability across networks
Explanation:
ONDC is designed as an open interoperable network rather than a single government-run marketplace. Its core aim is to reduce platform concentration by letting buyers and sellers interact across different digital commerce networks. It is not meant to eliminate private firms or mandate one payment mode.