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With reference to the Foreign Contribution (Regulation) Act, 2010, consider the following statements:
1. Under the act, both individuals and organisations are required to register themselves every five years for accepting funds from foreign.
2. It is implemented by the Ministry of Home Affairs.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the Foreign Contribution (Regulation) Act, 2010, con...
In News- The MHA notified new rules under the Foreign Contribution Regulation Act (FCRA), 2010 thereby amending the FCRA Rules, 2011.
Option B is correct: Individuals are permitted to accept foreign contributions without permission of MHA. However, the monetary limit for acceptance of such foreign contributions shall be less than Rs. 25,000 and organisations are required to register themselves every five years. The act is implemented by the Ministry of Home Affairs.
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Community Answer
With reference to the Foreign Contribution (Regulation) Act, 2010, con...
In News- The MHA notified new rules under the Foreign Contribution Regulation Act (FCRA), 2010 thereby amending the FCRA Rules, 2011.
Option B is correct: Individuals are permitted to accept foreign contributions without permission of MHA. However, the monetary limit for acceptance of such foreign contributions shall be less than Rs. 25,000 and organisations are required to register themselves every five years. The act is implemented by the Ministry of Home Affairs.
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With reference to the Foreign Contribution (Regulation) Act, 2010, consider the following statements:1. Under the act, both individuals and organisations are required to register themselves every five years for accepting funds from foreign.2. It is implemented by the Ministry of Home Affairs.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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