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Consider the following statements regarding the Special Assistance to States for Capital Investment Scheme:
  1. Under the scheme, financial assistance is provided to the State Governments in the form of long-term loans with low interest rates.
  2. The loan provided under the scheme will be over and above the normal borrowing ceiling allowed to the States.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding the Special Assistance to States for Capital Investment Scheme: Under the scheme, financial assistance is provided to the State Governments in the form of long-term loans with low interest rates. Theloan provided under the scheme will be over and above the normal borrowing ceiling allowed to the States.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements regarding the Special Assistance to States for Capital Investment Scheme: Under the scheme, financial assistance is provided to the State Governments in the form of long-term loans with low interest rates. Theloan provided under the scheme will be over and above the normal borrowing ceiling allowed to the States.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the Special Assistance to States for Capital Investment Scheme: Under the scheme, financial assistance is provided to the State Governments in the form of long-term loans with low interest rates. Theloan provided under the scheme will be over and above the normal borrowing ceiling allowed to the States.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Special Assistance to States for Capital Investment Scheme: Under the scheme, financial assistance is provided to the State Governments in the form of long-term loans with low interest rates. Theloan provided under the scheme will be over and above the normal borrowing ceiling allowed to the States.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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