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2 B FOREIGN CONTRIBUTION REGULATION ACT (FCRA), CDF, eFIRC
What is the full form of FCRA in the context of foreign exchange regulation?
FCRA stands for the Foreign Contribution (Regulation) Act. It regulates the acceptance and utilisation of foreign contributions or foreign hospitality by persons in India.
Under FCRA, which specific bank branch must all foreign contributions be received into?
SBI New Delhi Main Branch, FCRA designated account only.
Which government authority administers the FCRA in India?
The Ministry of Home Affairs (MHA) administers the FCRA in India. It grants registration, processes applications, and enforces compliance.
What is the account number of the designated SBI FCRA account at New Delhi Main Branch?
Account number 00000010971234958.
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