Q. Consider the following statements with respect to the Prime Minister’s National Relief Fund (PMNRF):
1. It was established by Indira Gandhi in 1971
2. The fund is recognized as a Trust under the Societies Registration Act of 1860
Which of the following codes below given is/are NOT correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

In pursuance of an appeal by the then Prime Minister, Pt. Jawaharlal Nehru in January, 1948, the Prime Minister’s National Relief Fund (PMNRF) was established with public contributions to assist displaced persons from Pakistan.  

  • The resources of the PMNRF are now utilized primarily to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. and to the victims of the major accidents and riots.  
  • Assistance from PMNRF is also rendered, to partially defray the expenses for medical treatment like heart surgeries, kidney transplantation, cancer treatment and acid attack etc.  
  • The fund consists entirely of public contributions and does not get any budgetary support. The corpus of the fund is invested in various forms with scheduled commercial banks and other agencies.  
  • Disbursements are made with the approval of the Prime Minister. PMNRF has not been constituted by the Parliament.  
  • The fund is recognized as a Trust under the Income Tax Act and the same is managed by Prime Minister or multiple delegates for national causes. 

Source: ForumIAS factly