2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1 Crore
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15 Crore
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2 Crore
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12 Crore
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Detailed explanation-1: -The PM CARES Fund collected ₹10, 990 crore since its inception in March 2020 until March 2021. It spent ₹3, 976 crore during the 2020-21 financial year, according to the audited financial statement posted on its website. As on March 31, 2021, the Fund had an unspent balance of ₹7, 044 crore.
Detailed explanation-2: -Of this amount, the Government of India stated that funds from PM CARES would be utilised to buy 50, 000 ventilators that were manufactured in India, which would then be allocated to government hospitals in states and union territories.
Detailed explanation-3: -8 What type of domestic donations are accepted in PM CARES Fund? PM CARES Fund accepts voluntary contributions by individuals/organizations as well as contributions as part of CSR from Companies/Public Sector Undertakings (PSUs). However, contributions flowing out of budgetary sources of the PSUs are not accepted.