Which of the following statements are correct in the context of Prime Minister rsquo s National Reli...........

Governance Issues Disasters and Management issues

Which of the following statements are correct in the context of Prime Minister’s National Relief Fund?

1. Prime Minister's National Relief Fund (PMNRF) was established in 1948 with public contributions to assist displaced persons from Pakistan.

2. Contributions from Govt/budgetary support or from the balance sheets of PSUs are not accepted in PMNRF.

3. Conditional contributions, where the donor specifically mentions that the amount is meant for a particular purpose, are also accepted in the Fund.

4. PMNRF provides relief only to the citizens of India.

Select the correct answers using codes given below

1, 2, 3 and 4

1, 2 and 4

1 and 2 only

2, 3 and 4

छोटे Courses बड़े Results

Master Disasters and Management issues

Prepare through Micro-courses

Try Now

Explanation:

In pursuance of an appeal by the then Prime Minister, Pt. Jawaharlal Nehru in January, 1948, the Prime Minister's National Relief Fund (PMNRF) was established with public contributions to assist displaced persons from Pakistan. The resources of the PMNRF are now utilized primarily to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. and to the victims of the major accidents and riots. Assistance from PMNRF is also rendered, to partially defray the expenses for medical treatment like heart surgeries, kidney transplantation, cancer treatment and acid attack etc. The fund consists entirely of public contributions and does not get any budgetary support. The corpus of the fund is invested with scheduled commercial banks in various forms. Disbursements are made with the approval of the Prime Minister. PMNRF has not been constituted by the Parliament.
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. Prime Minister is the Chairman of PMNRF and is assisted by Officers/ Staff on honorary basis.
PMNRF accepts only voluntary donations by individuals and institutions.

Contributions flowing out of budgetary sources of Government or from the balance sheets of the public sector undertakings are not accepted.Conditional contributions, where the donor specifically mentions that the amount is meant for a particular purpose, are not accepted in the Fund.