MCQ
PM CARES Fund MCQ - Practice Questions with Answers
Solve 2 PM CARES Fund questions for RAS/RPSC preparation.
Practice questions
Q1With reference to the PM CARES Fund's audited figures for FY 2024-25, consider the following statements: 1. The fund spent ₹87.85 lakh, equal to 0.1% of its total inflows of ₹1,279.9 crore. 2. The closing balance of the fund stood at ₹8,452.06 crore. Which of the statements given above is/are correct?
Explanation
Both statements match the audit disclosure: spending was ₹87.85 lakh (0.1% of ₹1,279.9 crore inflows), and the closing balance was ₹8,452.06 crore.
Q2Consider the following statements about the PM CARES Fund: 1. The fund is audited by the Comptroller and Auditor General and is covered under the RTI Act. 2. Foreign donations to the fund rose by 18% to ₹92.8 crore in FY 2024-25. Which of the statements given above is/are correct?
Explanation
Neither statement is correct. The fund remains outside the RTI Act, parliamentary scrutiny and CAG audit. Foreign donations declined by 18% to ₹92.8 lakh — not ₹92.8 crore, and they did not rise.
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