With reference to the Foreign Contribution (Regulation) Act, 2010 (FCRA), consider the following statements: 1. The primary objective of the Foreign Contribution Regulation Act (FCRA) in India is to regulate the receipt and utilization of foreign contributions by associations. 2. Election candidates are prohibited from receiving foreign contributions under the FCRA. 3. Ministry of Home Affairs is responsible for administering the FCRA. Which of the statements given above are correct? |ForumIAS

Q. With reference to the Foreign Contribution (Regulation) Act, 2010 (FCRA), consider the following statements:
1.The primary objective of the Foreign Contribution Regulation Act (FCRA) in India is to regulate the receipt and utilization of foreign contributions by associations.
2.Election candidates are prohibited from receiving foreign contributions under the FCRA.
3.Ministry of Home Affairs is responsible for administering the FCRA.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: D

Notes:

Explanation –

Statements 1, 2 and 3 are correct. The primary objective of the Foreign Contribution (Regulation) Act, 2010 (FCRA) in India is to regulate the receipt and utilization of foreign contributions by individuals, associations, and companies. The Ministry of Home Affairs (MHA) is responsible for administering the FCRA. It is the nodal agency for overseeing the registration process, granting prior permission, and ensuring compliance with the provisions of the Act. The FCRA Division of the MHA processes all applications related to the FCRA and takes necessary action against violations of the Act. The Foreign Contribution (Regulation) Act (FCRA) of 2010 prohibits election candidates from accepting foreign contributions.

Source: Forum IAS

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