Correct option is A
The Charitable Endowments Act was passed in the year 1890. This Act was enacted to provide for the administration of properties endowed for charitable purposes. The law allows for the appointment of a Treasurer of Charitable Endowments who holds property on behalf of the Government, managing it for charitable purposes. The Act was a response to the need for better governance of charitable endowments in British India. It enables property owners to transfer their property to the government for charitable use, ensuring transparency and accountability in its management. The law continues to play a role in the management of endowments even today, providing a framework for protecting properties earmarked for charitable purposes.
