CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Under the fresh flexi-fund guidelines for CSS, flexi-funds in each CSS have been increased from the current 10 percent to what percent for Union Territories
A
30 Percent
B
20 Percent
C
34 Percent
D
23 Percent
Explanation: 

Detailed explanation-1: -flexi-funds available in each CSS has been raised from the current level of 10% to 25% for States, and 30% for UTS, of the overall annual allocation under each scheme. 4.

Detailed explanation-2: -Flexi Funds means that states if they so desire can set aside 25% of any CSS as flexi-fund to be spent on any sub-scheme or innovation or component that is in line with the overall aim and objective of the approved Centrally Sponsored Scheme.

Detailed explanation-3: -Centrally Sponsored Schemes (CSSs) are special purpose grants (or loans) extended by the Central Government to States to encourage and motivate State governments to plan and implement programmes that help attain national goals and objectives.

Detailed explanation-4: -1. Central sector schemes are 100% funded by the Union government and implemented by the Central Government machinery. In Centrally Sponsored Scheme (CSS) a certain percentage of the funding is borne by the States and the implementation is by the State Governments.

There is 1 question to complete.