A
1 only
B
2 only
C
Neither 1 nor 2
D
Both 1 and 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because the scheme provides long-term 50-year interest-free loans to States for capital investment. Statement 2 is incorrect because the Department of Expenditure functions under the Ministry of Finance, not the Ministry of Rural Development.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2024 · Q121 · UPPGS
Match List-I with List-II and choose the correct answer using the codes given below the lists: List-I List-II (State) (Rank according to expenditure on infrastructure 2019-23) A. Maharashtra 1. First B. Uttar Pradesh 2. Second C. Tamil Nadu 3. Third D. Karnataka 4. Fourth Codes: A B C D -
2020 · Q119 · UPPGS
Which of the following methods has/have been used to estimate poverty in India? 1. Head Count Ratio 2. Calorie intake 3. Household Consumption Expenditure 4. Per Capita Income Select the correct answer from the codes given below.