GyanGramWith reference to foreign-owned e-commerce firms operating in India, which of the following statements is/are…
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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.
Which of the above statements are correct?
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• Correct Answer: D
• Foreign e-commerce firms must operate marketplace model only; inventory-based sales are prohibited under FDI policy.
• Marketplace entities cannot control seller inventory (>25% purchases from group triggers prohibition).
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