SSC MTS 2019 PYQ — Question 30

SSC MTS Previous Year - 07 August 2019 - Shift 1 • General Awareness • Q30

Who among the following is responsible for carrying forward the monetization of core assets of the National Land Monetization Corporation for the public sector?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. NITI Aayog.

National Land Monetization Corporation is meant to fasttrack the monetization of public sector land and other non-core assets.

a) The CPSE has earmarked 3,400 acres of land for monetization.

b) The National Land Monetization Corporation (NLMC) sets up a plan as per the budget announcement. It is a 100% entity owned by the Government of India.

c) NITI Aayog carried forward monetization of core assets, while monetization of non-core assets was driven by DIPAM.