Current Affairs MCQ 642 of 1401 · Economy, Banking and Finance

Under the Urban Challenge Fund (UCF) of the Ministry of Housing and Urban Affairs, a project's cost is shared as:

A25% central assistance, 50% from the market, 25% from the state, UT or urban body
B60% central assistance, 40% from the state
C50% central assistance, 25% from the market, 25% from the state
D25% central assistance, 25% from the market, 50% from the state

Current Affairs 2025–26

Show answer and explanation

Correct answer: (a) 25% central assistance, 50% from the market, 25% from the state, UT or urban body

Explanation

The UCF (central assistance ₹1 lakh crore, 2025–26 to 2030–31) gives 25%; at least 50% must come from bonds, bank loans or PPP; the rest from the state, UT or urban body.