UPSC 2022: 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. Select the correct answer using the code given below:

Under India’s FDI rules, foreign-owned e-commerce entities may operate only a marketplace model and are barred from selling their own inventory, so Statement 1 is incorrect. The 2018 policy caps the share of sales that can come from vendors in which the platform has equity or control (no vendor may exceed 25 % of sales), i.e. the degree to which they can ‘own’ big sellers is limited, making Statement 2 correct. Therefore, only Statement 2 is correct. ([vajiramandravi.com](https://vajiramandravi.com/upsc-exam/with-reference-to-foreign-owned-e-commerce-firms-operating-in-india-which-of-the-following-statements-is-are-correct/))