F C R A administered by the Ministry of Home Affairs stands

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F C R A administered by the Ministry of Home Affairs stands for _____?

1. Foreign Currency Regulation Act
2. Foreign Contribution Regulation Act
3. Foreign Contract Regulation Act
4. Foreign Cartel Restriction Act

Correct Option: B

F C R A stands for Foreign Contribution Regulation Act. It is an Indian legislation enacted in 2010 for regulating the foreign funding of NGOs in India. F C R A 2010 repeals (and replaces) the Foreign Contribution (regulation) Act, 1976.