Which of the following statements is/are correct with reference to a report by the Association for Democratic Reforms (ADR) on balance sheets of political parties?
A. Over 54% of the assets declared by seven national parties for 2018-2019 belonged to the Bharatiya Janata Party, while the Congress accounted for 58% of all liabilities reported by the parties.
B. Forty-one regional parties declared assets of ₹2,023.71 crore for 2018-2019.
C. Both A & B
D. None of these
Explanation:
According to a report released by the Association for Democratic Reforms (ADR), over 54% of the assets declared by seven national parties for 2018-2019 belonged to the Bharatiya Janata Party, while the Congress accounted for 58% of all liabilities reported by the parties. Forty-one regional parties declared assets of ₹2,023.71 crore that year. Of the national parties, the BJP declared assets of ₹2,904.18 crore or 54.29% of the total assets of the national parties.
