3 trustees of the PM CARES FUND Flashcards
Full form of PM-CARES fund?
Prime minister’s citizen Assistance and Relief in Emergency Situations Fund
What kind of trust is it?
public charitable trust
CHAIRMAN
PRIME MINISTER
Ministry?
Ministry of corporate affairs
Minister of corporate affairs
NIRMALA SITHARAMAN(CENTRAL)
RAO INDERJIT SINGH(STATE)
Under companies act,2013 companies are bound to spend?
*Minimum net worth of 500 crore
*turnover-1000cr
*net profit-5 crore
When was the PM national relief fund instituted?
1948
Contributions towards PMNRF are notified 100% deduction from taxable income under which section?
Section 80(G) of the Income tax act,1961
When was PM CARES fund set up?
2020,28th feb
Under which Section is “TRUST” defined?
Section 3 of Indian trust act,1882
“Charitable purpose” defined under which section?
Section 2(15)
Foreign contribution and regulation act?
1976
since when has PMNRF rceived foreign contributions as a public trust?
2011
3 trustees nominated to board?
1-Shri justice K.T THOMAS
2-Shri Kariya Munda
3-Shri Ratan Tata
Advisory board of trust?
1-shri rajiv mehrishi
2-smt. sudha murthy
3-shri anad shah
he fund is administered on an honorary basis by whom?
Additional secretary / joint secretary
As per which section PM CARES FUND exempted from paying income tax?
Section 10(23) of income tax act,1961
Ex officio trustees of the fund?
1-Minis of Defence
2- Minis of home affairs
3- MIinis of finance
4-Gov. of India
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.
PM CARES for Children
Children can also avail the benefits of ____ which is being implemented by ____ to study further in AICTE approved Institutions and courses
‘Swanath Scholarship Scheme for Students’ , All India Council for Technical Education (AICTE)
