UPSC Prelims 2022 · GS Paper 1 · Q96
Economy
Hard · FDI policy in e-commerce
Consider the following statements:
1. An e-commerce entity with foreign direct investment, operating on the marketplace model, is permitted to sell its own inventory or that of group companies directly to consumers through the same marketplace.
2. The FDI policy's restriction preventing a single vendor from generating more than 25 percent of a marketplace entity's total sales was withdrawn by the government in 2021.
Which of the statements given above is/are correct?