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With reference to the National Culture Fund (NCF), consider the following statements:
1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.
2. NCF is managed by a (Governing) Council and an Executive Committee.
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 National Culture Fund (NCF), consider the follow...
Since inception, NCF has completed 52 projects with various donors.
- Government of India has set up National Culture Fund (NCF) as a Trust on 28th November, 1996 under the Charitable Endowment Act, 1890.
- NCF is managed by a (Governing) Council and an Executive Committee.
- The Council is chaired by the Union Minister of Culture and has a strength of 21 including 15 non-official members representing various fields including corporate sector, private foundations and not-for-profit voluntary organizations.
- The aim of National Culture Fund (NCF) is to establish and nurture partnerships in the field of Culture and Heritage with private and public sectors, government, non-government agencies, private institutions and foundations and mobilize resources for the restoration, conservation, protection and development of India’s rich, natural, tangible and intangible heritage.
Hence only statement 2 is correct.
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With reference to the National Culture Fund (NCF), consider the follow...
Statement 1: Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.
Statement 2: NCF is managed by a (Governing) Council and an Executive Committee.
The correct answer is Option B, i.e., only statement 2 is correct.
Explanation:
The National Culture Fund (NCF) is a fund set up by the Government of India to provide financial support to various cultural projects and initiatives. Let's examine each statement to understand the correct answer:
Statement 1: Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.
This statement is incorrect. The National Culture Fund (NCF) was actually set up in 1996, not in 2015. It was established as a public charitable trust under the Societies Registration Act, 1860, and not under the Charitable Endowment Act, 1890.
Statement 2: NCF is managed by a (Governing) Council and an Executive Committee.
This statement is correct. The National Culture Fund (NCF) is managed by a Governing Council and an Executive Committee. The Governing Council consists of eminent personalities from various fields related to culture, arts, and heritage. The Executive Committee, on the other hand, comprises senior officials from the Ministry of Culture and other relevant ministries.
The Governing Council is responsible for formulating policies and strategies for the NCF, approving projects, and monitoring their implementation. The Executive Committee assists the Governing Council in the day-to-day functioning of the NCF and ensures the smooth execution of approved projects.
In conclusion, only statement 2 is correct. The National Culture Fund (NCF) was established in 1996 as a public charitable trust under the Societies Registration Act, 1860. It is managed by a Governing Council and an Executive Committee.
Statement 2: NCF is managed by a (Governing) Council and an Executive Committee.
The correct answer is Option B, i.e., only statement 2 is correct.
Explanation:
The National Culture Fund (NCF) is a fund set up by the Government of India to provide financial support to various cultural projects and initiatives. Let's examine each statement to understand the correct answer:
Statement 1: Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.
This statement is incorrect. The National Culture Fund (NCF) was actually set up in 1996, not in 2015. It was established as a public charitable trust under the Societies Registration Act, 1860, and not under the Charitable Endowment Act, 1890.
Statement 2: NCF is managed by a (Governing) Council and an Executive Committee.
This statement is correct. The National Culture Fund (NCF) is managed by a Governing Council and an Executive Committee. The Governing Council consists of eminent personalities from various fields related to culture, arts, and heritage. The Executive Committee, on the other hand, comprises senior officials from the Ministry of Culture and other relevant ministries.
The Governing Council is responsible for formulating policies and strategies for the NCF, approving projects, and monitoring their implementation. The Executive Committee assists the Governing Council in the day-to-day functioning of the NCF and ensures the smooth execution of approved projects.
In conclusion, only statement 2 is correct. The National Culture Fund (NCF) was established in 1996 as a public charitable trust under the Societies Registration Act, 1860. It is managed by a Governing Council and an Executive Committee.
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With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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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With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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?.
With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the National Culture Fund (NCF), consider the following statements:1. Government of India has set up National Culture Fund (NCF) as a Trust in 2015 under the Charitable Endowment Act, 1890.2. NCF is managed by a (Governing) Council and an Executive Committee.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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