wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which union ministry has launched an online Analytical tool to monitor foreign contributions by various organisations under FCRA?

A
Ministry of Finance
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Ministry of Home Affairs
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Ministry of External Affairs
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Ministry of Corporate Affairs
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is D Ministry of Home Affairs
On 1 June 2018, the Union Home Minister Rajnath Singh has launched an online analytical tool to facilitate closer monitoring of the flow and utilization of foreign contributions received by various organizations registered under the Foreign Contribution (Regulation) Act 2010. The web-based tool enables decision-makers in various Departments of Government to scrutinize source of foreign funds and their actual use in India. It has analytical features to conduct big data mining and data exploration. Its dashboard will be integrated with the bank accounts of the FCRA-registered entities through the Public Financial Management System for updating of transactional data on a real-time basis.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Accounting Treatment - I
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon