A
Direct grants from the Reserve Bank of India
B
Statutory welfare cess collected from builders under the BOCW Welfare Cess Act, 1996
C
Mandatory monthly subscriptions deducted from corporate social responsibility (CSR) funds
D
Foreign direct investments in real estate projects
Correct answer: (b) Statutory welfare cess collected from builders under the BOCW Welfare Cess Act, 1996
Explanation
The BOCW Welfare Cess Act, 1996 provides for the levy and collection of a cess on construction costs to fund social security schemes for construction workers. The other options do not constitute the statutory funding mechanism.
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