Sawaal
1
Q:

The Prime Minister's National Relief Fund is operated by which one of the following bodies?

A) The Prime Minister's Office (PMO) B) The National Disaster Management Authority
C) The Ministry of Finance D) The National Development Council(NDC)

Answer:   A) The Prime Minister's Office (PMO)



Explanation:

PMNRF operates from the Prime Minister's Office, South Block, New Delhi-110011 and does not pays any license fee. PMNRF is exempt under Income Tax Act, 1961 under Section 10 and 139 for return purposes. Contributions towards PMNRF are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961.

Subject: Indian Politics
Exam Prep: Bank Exams
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