To whom the Foreign Contribution Regulations Act FCRA is applicable 1 ...........

Economic Affairs Foreign Investment

To whom the Foreign Contribution Regulations Act (FCRA) is applicable?

1. Citizens of India living outside India

2. Overseas branches of companies registered or incorporated in India.

3. Companies and their branches registered and working in India.

Select the correct answer using the code given below.

2 only

2 and 3 only

1 only

1, 2 and 3

As per Section 1(2) of FCRA, 2010, the provisions of the act shall apply to:

1. Whole of India

2. Citizens of India (living) outside India; and

3. Associate Branches or subsidiaries, outside India, of companies or bodies corporate, registered or incorporated in India.

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