New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Which of the following statement is not true about Prime

    Minister's National Relief Fund (PMNRF)?
    A PMNRF was established entirely with public contributions and does not get any budgetary support. Correct Answer Incorrect Answer
    B PMNRF accepts voluntary contributions from Individuals, Organizations, Trusts, Companies and Institutions etc. Correct Answer Incorrect Answer
    C All contributions towards PMNRF are exempt from Income Tax under section 80(G). Correct Answer Incorrect Answer
    D PMNRF operates from the NITI Aayog Office, and does not pays any license fee. Correct Answer Incorrect Answer
    E The resources of the PMNRF are utilized to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. Correct Answer Incorrect Answer

    Solution

    PMNRF operates from the Prime Minister’s Office, South Block, New Delhi and does not pays any license fee. Prime Minister's National Relief Fund (PMNRF) was established entirely with public contributions and does not get any budgetary support. PMNRF accepts voluntary contributions from Individuals, Organizations, Trusts, Companies and Institutions etc. All contributions towards PMNRF are exempt from Income Tax under section 80(G). The resources of the PMNRF are utilized to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc.

    Practice Next