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Under Section 29B of Representation of People Act, 1951, political parties can accept donations from individuals and companies, but donations above ______ must be disclosed to the Election Commission.
- ₹10,000
- ₹20,000
- ₹50,000
- ₹1,00,000
Answer: ₹20,000
Section 29B, R.P. Act: Political parties can accept donations; donations above ₹20,000 must be reported to ECI with donor details. Electoral Bonds Scheme (2018-2024) allowed anonymous donations via banks, but Supreme Court struck it down in 2024 (Association for Democratic Reforms case) citing transparency and right to information. Ongoing debate on political funding reforms.