MCQOPTIONS
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| 1. |
Only 16% of registered NGOs have active bank accounts with the SBI’s main branch in Delhi, a compulsory requirement to receive foreign funds from 1 April 2021, NGOs which intend to receive foreign donations need to register themselves under which act? |
| A. | Foreign Contribution (Regulation) Act |
| B. | Fiscal Responsibility and Budget Management Act |
| C. | Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act |
| D. | Foreign Exchange Management Act |
| E. | Real Estate (Regulation and Development) Act |
| Answer» B. Fiscal Responsibility and Budget Management Act | |