Question
With reference to the PM CARES Fund, consider the
following statements: I. The amount collected by it directly goes to the Consolidated Fund of India. II. It can avail donations from the foreign contribution and donations to fund can also avail 100% tax exemption. Which of the above statements is/are correct?Solution
The correct answer is II only. According to the latest Findings, 64 per cent of the Rs 10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date.
Which of the following Documents is required to open and maintain Retail Direct Gilt Account’ (RDG Account) with RBI.
As per recommendations given by the Working Group on Digital Lending, which organisation should be given authority as a member or need-based invitee con...
The Budget 2025-26 introduced a new credit card scheme for micro enterprises. What would be the limit under this credit card facility?
Which of the following is not correct with regard to oligopoly?
What was the theme chosen for the celebration of National Tourism Day 2024, observed every year on January 25th?
If an individual is unable to pay back the overdraft taken by him it is known as
When the right to apply to right issues is not exercised by the shareholder but is transferred by him/her in favor of another person, it is referred to ...
When a senior manager transfers part of his authority and responsibility to subordinates for the completion of specific tasks, the process is known as:
The phenomenon by which money leaves a country and then returns to the country in the form of FDI is referred to as:
Which regulatory body made significant adjustments to the regulations governing surety bonds?
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