Correct answer: (d) Neither 1 nor 2
Explanation
- A
1 only
1 only. Inventory FDI in B2C e-commerce is not the permitted model.
- B
2 only
2 only. The paper keys neither limb as a correct statement of the rule.
- C
Both 1 and 2
Both. Marketplace rules do not allow the platform to run as a retailer of its own goods.
- D
Neither 1 nor 2
Neither. Foreign e-commerce cannot sell its own goods on the marketplace model as a retailer; the ‘own big sellers’ sentence is not keyed as a correct cap statement here.
Summary. Official key is (d) neither. FDI policy for foreign e-commerce in India is marketplace-only: the platform is not to sell its own inventory. Statement 2’s ownership-of-sellers line is not counted as a correct statement in this item.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.