Q. With reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are correct?
1. They can sell their own goods in addition to offering their platforms as market-places.
2. The degree to which they can own big sellers on their platforms is limited.
Select the correct answer using the code given below:
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2
Correct Answer: d) Neither 1 nor 2
Question from UPSC Prelims 2022 GS Paper
Explanation :
- Foreign-owned e-commerce firms operating in India are not allowed to sell their own goods directly to consumers. They can only operate as marketplaces where third-party sellers can list and sell their products. This means that statement 1 is incorrect.
- Incorrect according to official answer key.
