Q. With reference to PMCARE fund, consider the following statements:
1.PM CARES fund is under the operative control of PMO.
2.It is a fund of government of India created under the Disaster Management Act.
Which of the above statements is/are incorrect?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Statement 1 is correct: It is declared as a public charitable trust. The trust is neither owned nor controlled by the central government or any of the State governments. But the Prime Minister is the Chairperson of the Board of Trustees in PM CARES.

Statement 2 is incorrect: PM CARES has not been established under any statuette or notification, so it does not come under the definition of public authority under RTI.

Source: https://blog.forumias.com/the-fund-without-a-care-for-the-rti/