With reference to PM 39 s Citizen Assistance and Relief in Emergency Situations PM CARES fund c...........

Governance Issues Service delivery

With reference to PM's Citizen Assistance and Relief in Emergency Situations (PM-CARES) fund, consider following statements

Prime Minister is the Chairman of this trust and its Members include Defence Minister, Home Minister and Finance Minister only.
Donations to this fund will be exempted from income tax under section 80(G).
It also accepts micro-donations.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

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Explanation:

Prime Minister Narendra Modi announced the constitution of the PM's Citizen Assistance and Relief in Emergency Situations (PM-CARES) fund. This will be a dedicated national fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic. Prime Minister is the Chairman of this trust and its Members include Defence Minister, Home Minister and Finance Minister. Citizens and organisations can go to the website pmindia.gov.in and donate to PM CARES Fund. This fund will enable micro-donations allowing a large number of people will be able to contribute with smallest of denominations. Donations to this fund will be exempted from income tax under section 80(G).