Q2 · UPSC current affairs · 14 October 2026 · News · Foreign Contribution Regulation Amendment Bill 2026

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With reference to the statutory terms under the Foreign Contribution (Regulation) Act, what does 'Prior Permission' signify?

A A statutory route allowing unregistered entities to receive specific foreign contributions
B An automatic tax exemption certificate granted to all foreign-funded NGOs
C A lifetime registration status given to corporate foundations
D A mandatory clearance from the Reserve Bank of India for domestic money transfers

Correct answer: (a) A statutory route allowing unregistered entities to receive specific foreign contributions

Explanation

Option A is correct because 'Prior Permission' is the statutory route under FCRA allowing unregistered entities to receive specific foreign contributions. Options B, C, and D misrepresent this legal provision.

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