UPSC Exam  >  UPSC Questions  >  Consider the following statements regarding F... Start Learning for Free
Consider the following statements regarding Foreign Contribution Regulation Act (FCRA).
  1. Once granted, FCRA registration is valid for ten years.
  2. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.
Which of the above statements 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
Consider the following statements regarding Foreign Contribution Regul...
Statement Analysis:

Statement 1: Once granted, FCRA registration is valid for ten years.
- This statement is incorrect. FCRA registration is initially granted for a period of 5 years and must be renewed thereafter.

Statement 2: In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.
- This statement is correct. If an NGO fails to apply for renewal of FCRA registration before the expiry of the current registration, the registration is deemed to have expired. In such a case, the NGO would need to seek permission from the Union Home Ministry to utilize its existing funds.
Therefore, the correct answer is option B) 2 only.
Explore Courses for UPSC exam

Top Courses for UPSC

Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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?
Question Description
Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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?.
Solutions for Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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?, a detailed solution for Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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? has been provided alongside types of Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding Foreign Contribution Regulation Act (FCRA). Once granted, FCRA registration is valid for ten years. In case of failure to apply for renewal, the FCRA registration is deemed to have expired, and the NGO is no longer entitled to utilise its existing funds without permission from the Union Home ministry.Which of the above statements 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? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev