Aadhaar Act and Supreme Court Judgements

Supreme Court's 2018 Aadhaar verdict struck down the storage of metadata for 5 years, restricting it to 6 months (not 3 months), making Statement 1 incorrect. The Court struck down Section 57, prohibiting private companies from using Aadhaar data, making Statement 2 correct. Aadhaar is not mandatory for insurance products or bank accounts (Statement 3 is incorrect). Section 7 of the Aadhaar Act states that it is mandatory for benefits funded from the Consolidated Fund of India (Statement 4 is correct). > One-line conceptual takeaway: Aadhaar is mandatory only for welfare benefits drawn from the Consolidated Fund of India and cannot be used by private entities. Answer: (b).