Who is barred by s.3(2)(a) from accepting foreign contribution for a political party?
AOnly registered firms
BOnly residents in India
COnly foreign nationals
DResidents and Indians abroad
Answer & Solution
Correct answer: D. Residents and Indians abroad
Section 3(2)(a) bars both a person resident in India and an Indian citizen resident outside India.
Keep practising Foreign Contribution Regulation Act 2010
Browse all Foreign Contribution Regulation Act 2010 questions for CA Final, or explore more Law topics.
Related questions
Which power may the Centre NOT delegate by notification under s.47?Which offence cannot be compounded under s.41(1)?Whose previous sanction is needed before a court takes cognizance (s.40)?For s.39, a firm or trade union is treated how?Under s.39(1), an officer of a company escapes liability if he proves what?What punishment does s.37 give for breaches with no separate penalty?Maximum imprisonment under s.35 for accepting foreign contribution in contravention of theMaximum jail term for knowingly giving false intimation under s.33?