Which one of the following best describes the key objective of India's 'Open Network for Digital Commerce' (ONDC) initiative?

Question

Mayank Singh · Answer

To allow government control over all digital commerce transactions

Mayank Singh · Answer

To replace private e-commerce players

Mayank Singh · Answer

To break the dominance of large e-commerce platforms by enabling interoperability across networks

Mayank Singh · Answer

To mandate UPI-based payments for all online transactions