As per Union Budget 2021, 9% of the government revenue will be spent on ______.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. centrally sponsored schemes.
- Centrally Sponsored Schemes as defined by the National Development Council are: those that are funded directly by the central ministries/ departments and implemented by states or their agencies, irrespective of their pattern of financing, unless they fall under the centre’s sphere of responsibility i.e. the union list.
- This assistance is deliberately in areas that are State subjects, with the centre wishing to motivate the States to take up such programs.