Which entities are eligible to register under the FCRA?
Show answer & explanation
Correct answer: D
Explanation
Answer: Section 8 companies, trusts, and societies
Explanation: The Foreign Contribution (Regulation) Act, 2010 (FCRA) regulates foreign donations to ensure they are used for legitimate purposes.
Entities eligible for FCRA registration:
Section 8 company
Trusts
Societies
These are typically non-profit organizations working in areas like: Education, Social welfare, Healthcare and Environmental protection
Additional Key Facts
FCRA is implemented by the Ministry of Home Affairs
Foreign funds must be used only for approved purposes
Registration is mandatory to legally receive foreign contributions
Violations can lead to cancellation of registration and penalties
Potential Exam Questions and Answers
Q. Which ministry administers FCRA?
Ans: Ministry of Home Affairs
Q. What is the main purpose of FCRA?
Ans: To regulate foreign funding and ensure prop