Which of the following comes under the definition of “foreign contribution” of Foreign Contribution Regulation Act (FCRA)? 1. Donation 2. Transfer of any article 3. Securities Select the correct answer from below given codes: |ForumIAS

Q. Which of the following comes under the definition of “foreign contribution” of Foreign Contribution Regulation Act (FCRA)?
1.Donation
2.Transfer of any article
3.Securities
Select the correct answer from below given codes:

[A] Only one

[B] Only two

[C] Only three

[D] None

Answer: C

Notes:

Explanation: Foreign contribution: A donation, delivery or transfer or any article, currency or foreign security by any person who has received it from any foreign source, either directly or through one or more persons refers to foreign contribution.

Source: FORUMIAS

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