How electoral votes are allocated?

Electoral votes are allocated among the States based on the Census. Every State is allocated a number of votes equal to the number of senators and representatives in its U.S. Congressional delegation—two votes for its senators in the U.S. Senate plus a number of votes equal to the number of its Congressional districts.

What are electoral Bonds?

As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in India. The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.

Who is eligible for Electoral bonds?

Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral …

Who can buy electoral bonds?

A citizen of India or a body incorporated in India will be eligible to purchase the bond. 2. Electoral bond would be issued/purchased for any value, in multiples of `1,000, `10,000, `1,00,000, `10,00,000 and `1,00,00,000 from the specified branches of the State Bank of India (SBI). 3.

What is the role of Electoral Trust?

Electoral Trust. Electoral Trust is a Section 25 Company or a non-profit company created in India for orderly receipt of the voluntary contributions from any person and for distributing the same to the respective political parties, registered under Section 29A of the Representation of People Act, 1951.

How does the Electoral College work in the United States?

In every state, political parties choose electors for each candidate running for the presidency. This usually happens at their respective state conventions. On Election Day, the voters will vote for the electors. In most states, the electors will cast their vote for the candidate with the majority votes.

Can the Electoral Trust accept contributions from foreign investors?

The electoral trust cannot accept contributions from non-citizens, other electoral trust or government companies or from any other foreign sources or from any foreign entity whether incorporated or not. They cannot take contributions in cash.

How does a trust obtain a receipt from a political party?

(9) The trust shall obtain a receipt from the eligible political party indicating the name of the political party, its permanent account number, registration number, amount of fund received from the trust, date of the receipt and name and designation of person signing such receipt.