Correct option is D
The correct answer is: (d) Section 8 companies, trusts, and societies
Explanation:
· Under the Foreign Contribution (Regulation) Act (FCRA), 2010, entities like Section 8 companies, registered trusts, and registered societies are eligible to register and receive foreign contributions, subject to compliance.
Information Booster:
· FCRA regulates acceptance and utilization of foreign funds to ensure they are not used against national interest.
· Registration is granted by the Ministry of Home Affairs (MHA).
· Entities must be at least 3 years old and have spent ₹15 lakh in charitable activities (for normal registration).
· Political parties, election candidates, judges, journalists, and government servants are prohibited from receiving foreign funds.
· Amendment of 2020 tightened norms: Aadhaar required, and sub-granting prohibited.