GK
GOVT SCHEMES POLICIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The funding of the Indira Awas Yojana is shared between the Centre & States in the ratio of
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50 : 50
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75 : 25
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80 : 20
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90 : 10
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Explanation:
Detailed explanation-1: -IAY is an allocation based, a centrally sponsored scheme funded on a cost-sharing basis between the Central Government and the State Government in the 75%:25% ratio, except in case of North-eastern states and Union Territories. So both the statements are correct.
Detailed explanation-2: -Funding: IAY is a centrally sponsored scheme funded on cost sharing basis between the Govt. of India and the States in the ratio of 75:25 respectively.
Detailed explanation-3: -It is funded by the Centre and State in the ratio of 75:25.
There is 1 question to complete.