RELEVANCE – UPSC GS PRELIMS & GS MAINS – I
QUES – 1 Consider the following statements regarding National Culture Fund (NCF) Scheme –
1 . It was set up as a Trust under the Charitable Endowment Act, 1890 on 28th November, 1996.
2 . It was set up with a view to mobilize more money from the annual budget of the government and the public sector.
Which among the above statements is /are correct ?
a . only 1
b . only 2
c . both 1 & 2
d . none of the above
Answer – a
QUES 2 . National Culture Fund is managed and administered by a council headed by-
a . Prime Minister of India
b . Culture Minister of India
c . Secretary, Ministry of Culture
d . Cabinet Secretary of India
Answer – b
About National Culture Fund (NCF)
National Culture Fund (NCF) was set up as a Trust under the Charitable Endowment Act, 1890 on 28thNovember, 1996 by the Government, with a view to mobilize extra resources through Public Private Partnerships .
MANAGEMENT AND ADMINISTRATION
The National Culture Fund is managed and administered by a council headed by Hon’ble Culture Minister to decide the policies and an Executive Committee headed by Secretary, Culture to actualize those policies.
The Fund aims at inviting the participation of the corporate sector, non-government organizations, private/public sector as well as individuals in the task of promoting, protecting and preserving India’s cultural heritage.
The Government has granted Rs. 19.50 crore as one time corpus fund to National Culture Fund out of the planned budget. Apart from this there is no fund allocated by the Government to National Culture Fund. Besides this, NCF receives contributions and voluntary donations as endowments from many other sources.