Indian Polity · Governance
Consider the following statements regarding an urban development initiative aimed at strengthening municipal infrastructure financing: I. The scheme provides partial central assistance for approved urban projects, subject to a prescribed cost ceiling. II. It includes measures to enhance access to credit for municipal bodies, including support mechanisms for first-time borrowers. Which of the statements given above are correct?
- 1Neither I nor II
- 2Both I and II✓
- 3II only
- 4I only
Correct answer
Both I and II
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