Module: General Practice
Q155: Regarding the Open Network for Digital Commerce (ONDC) and its impact on MSMEs, consider the following statements:
ONDC acts as a neutral, open-source protocol rather than a single platform or app.
It allows a small seller registered on one app to be visible to a buyer registered on a different app.
MSMEs are exempt from paying any transaction fees on the ONDC network for the first 5 years.
Which of the statements given above are correct?
It allows a small seller registered on one app to be visible to a buyer registered on a different app.
MSMEs are exempt from paying any transaction fees on the ONDC network for the first 5 years.
Which of the statements given above are correct?
✅ Correct Answer: A
Statements 1 and 2 are correct.
ONDC is not an app; it is a network protocol (like UPI) that enables different e-commerce apps to talk to each other.
This enables the core feature of interoperability.
A seller on one app can sell to a buyer on another app, vastly increasing market access for small MSMEs without needing to register on multiple giants.
Statement 3 is incorrect because there is no such 5-year fee exemption.
While ONDC fees are low, the buyer-side and seller-side apps involved in the transaction do charge commissions or fees.
ONDC is not an app; it is a network protocol (like UPI) that enables different e-commerce apps to talk to each other.
This enables the core feature of interoperability.
A seller on one app can sell to a buyer on another app, vastly increasing market access for small MSMEs without needing to register on multiple giants.
Statement 3 is incorrect because there is no such 5-year fee exemption.
While ONDC fees are low, the buyer-side and seller-side apps involved in the transaction do charge commissions or fees.