Q. The Foreign Contribution Regulation Act (FCRA) was recently amended by the Union Home Ministry, allowing relatives to send how much funds without informing the government?
Answer: Rs.10 lakh
Notes: Union Home Ministry has amended the Foreign Contribution Regulation Act (FCRA) giving certain relaxations such as allowing relatives to send more money to India freely. The amended rule now allows relatives to send 10 lakh rupees without informing the government.
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📌 Question Number: 1510 in Banking, Finance & Economy Current Affairs - 2022-23 in the above course in App.