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Electoral Bonds are like bearer bonds, which might be bought by any particular person, company, agency or affiliation of persons for the purpose of contribution of funds to political events of their selection. The bonds were launched in 2017 by the ruling government as a Finance Bill and were implemented in 2018. On Wednesday it was reported that RBI had directed global fee giants Visa and Mastercard to droop card-based business transactions by both small and enormous businesses as a result of mounting apprehensions over Know Your Customer compliance. We’ll be in your inbox each morning Monday-Saturday with all the…