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Consider the following statements regarding Foreign Contribution Regulation Act.
  1. FCRA was enacted during the Emergency in 1976.
  2. The law allows foreign donations to only associations and not to individuals.
  3. NGOs and associations registered to receive foreign contributions must declaredetails of movable and immovable assets created using those contributions.
How many of the above statements is/are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    All three 
  • d)
    None
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Foreign Contribution Regul...
Statement 2 is incorrect.
  • Under the Foreign Contribution Regulation Act (FCRA), NGOs and associations registered to receive foreign contributions must now annually declare details of movable and immovable assets created using those contributions.
  • FCRA was enacted during the Emergency in 1976 amid apprehensions that foreign powers were interfering in India’s affairs by pumping money into the country through independent organisations.
  • The law sought to regulate foreign donations to individuals and associations so that they functioned in a manner consistent with the values of a sovereign democratic republic.
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Consider the following statements regarding Foreign Contribution Regulation Act. FCRA was enactedduring theEmergency in 1976. The law allows foreign donations to only associations and not to individuals. NGOs and associations registered toreceive foreign contributions must declaredetails ofmovable and immovable assets created using those contributions.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?
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