3 trustees of the PM CARES FUND Flashcards

1
Q

Full form of PM-CARES fund?

A

Prime minister’s citizen Assistance and Relief in Emergency Situations Fund

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2
Q

What kind of trust is it?

A

public charitable trust

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3
Q

CHAIRMAN

A

PRIME MINISTER

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4
Q

Ministry?

A

Ministry of corporate affairs

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5
Q

Minister of corporate affairs

A

NIRMALA SITHARAMAN(CENTRAL)
RAO INDERJIT SINGH(STATE)

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6
Q

Under companies act,2013 companies are bound to spend?

A

*Minimum net worth of 500 crore
*turnover-1000cr
*net profit-5 crore

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7
Q

When was the PM national relief fund instituted?

A

1948

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8
Q

Contributions towards PMNRF are notified 100% deduction from taxable income under which section?

A

Section 80(G) of the Income tax act,1961

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9
Q

When was PM CARES fund set up?

A

2020,28th feb

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10
Q

Under which Section is “TRUST” defined?

A

Section 3 of Indian trust act,1882

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11
Q

“Charitable purpose” defined under which section?

A

Section 2(15)

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12
Q

Foreign contribution and regulation act?

A

1976

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13
Q

since when has PMNRF rceived foreign contributions as a public trust?

A

2011

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14
Q

3 trustees nominated to board?

A

1-Shri justice K.T THOMAS
2-Shri Kariya Munda
3-Shri Ratan Tata

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15
Q

Advisory board of trust?

A

1-shri rajiv mehrishi
2-smt. sudha murthy
3-shri anad shah

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16
Q

he fund is administered on an honorary basis by whom?

A

Additional secretary / joint secretary

17
Q

As per which section PM CARES FUND exempted from paying income tax?

A

Section 10(23) of income tax act,1961

18
Q

Ex officio trustees of the fund?

A

1-Minis of Defence
2- Minis of home affairs
3- MIinis of finance
4-Gov. of India

19
Q

The Prime Minister has announced ____ scheme to support children who have lost both parents or surviving parent or legal guardian or adoptive parents due to COVID-19 pandemic.

A

PM CARES for Children

20
Q

Children can also avail the benefits of ____ which is being implemented by ____ to study further in AICTE approved Institutions and courses

A

‘Swanath Scholarship Scheme for Students’ , All India Council for Technical Education (AICTE)