Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Business and Economy
Consider the following statements regarding the Foreign Contribution Regulation Act (FCRA):
1. The FCRA requires every person or NGO seeking to receive foreign donations to open a bank account in any government-recognized bank in India.
2. Political parties, media organizations, and judges are prohibited from accepting foreign contributions under the FCRA.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2