New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the Foreign Contribution Registration Act

    (FCRA)?
    A A law that restricts foreign investment in India Correct Answer Incorrect Answer
    B A law that regulates foreign travel to India Correct Answer Incorrect Answer
    C A law that creates registration requirements and spending restrictions on Indian nonprofit organizations receiving foreign donations Correct Answer Incorrect Answer
    D A law that provides tax incentives for foreign companies investing in India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The union government has granted five-year Foreign Contribution Registration Act (FCRA) licence to prestigious Hyderabad Public School Society (HPSS) in Telangana.   As many as 21 NGOs have been issued FCRA licences that were granted by the Ministry of Home Affairs (MHA) this year so far including Sikkim Manipal University, International Forum for Environment, Sustainability and Technology iFOREST headed by former director general of CSIR R A Mashelkar among others.

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