Economics · Economy
With reference to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), consider the following statements regarding its financial architecture: 1. The standard Centre-State cost-sharing ratio under the scheme is identical across all States. 2. Union Territories without legislatures receive full central funding for the scheme. 3. The shift to normative allocation eliminates the legal guarantee of employment. Which of the statements given above is/are correct?
- 11 only
- 22 and 3 only
- 31 and 3 only
- 42 only✓
Correct answer
2 only
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