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Current Affairs

PM CARES Fund – To Deal with COVID 19

Current Context: The government of India sets up PM CARES Fund to fight the biggest epidemic COVID-19.
PM CARES Fund – To Deal with COVID 19
  • PM CARES stands for Prime Minister Citizen Assistance and Relief in Emergency Situation.
  • The purpose to raise this national fund is to deal with any kind of situation like COVID-19. This fund will enable micro-donations allowing a large number of people to enable them to contribute with the smallest denominations.
  • Donations made to this fund will be exempted from income tax under section 80(G).
  • Prime Minister has appealed people to donate to the national fund to fight against India’s war against COVID-19.

Questions:

Q.1 What is the full form of the “PM CARES” fund launched by GOI to deal with COVID--19?
a. Prime Minister Citizen Assistance and Relief in Emergency Situation
b. Prime Minister Citizen Association and Relief in Emergency Situation
c. Only a
d. Both a and b
PM CARES Fund – To Deal with COVID 19 PM CARES Fund – To Deal with COVID 19 Reviewed by Neha Verma on March 29, 2020 Rating: 5

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