Which among the following is are not covered by the definition of lsquo foreign source rsquo under t...........

Security Issues Money laundering

Which among the following is/are not covered by the definition of ‘foreign source’ under the Foreign Contribution (Regulation) Act, 2010?

Government of any foreign country
International Monetary Fund
Intergovernmental Panel on Climate Change

1&2 only

2&3 only

1&3 only

All of the above

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Explanation:

The Foreign Contribution (Regulation) Act, 2010 regulates foreign donations and ensures that such contributions do not adversely affect internal security.

Some of the Foreign Sources, as defined in Section 2(1) (j) of FCRA, 2010 include:

the Government of any foreign country or territory and any agency of such Government;
any international agency, not being the United Nations or any of its specialized agencies, the World Bank, International Monetary Fund or such other agency as the Central Government may notify;

Central Govt. has notified several international bodies to be not covered by the definition of ‘foreign source’. The list among others includes Intergovernmental Panel on Climate Change (IPCC), Geneva.

a trade union in any foreign country or territory;
a foreign trust or a foreign foundation;
a society, club or other association or individuals formed or registered outside India;
a citizen of a foreign country.

Hence option 2nd is correct.