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      Question

      According to the CAG, how much shortfall was reported in

      transferring cess collections to their designated funds? 
      A ₹2.11 lakh crore Correct Answer Incorrect Answer
      B ₹2.95 lakh crore Correct Answer Incorrect Answer
      C ₹3.12 lakh crore Correct Answer Incorrect Answer
      D ₹3.69 lakh crore Correct Answer Incorrect Answer
      E ₹4.01 lakh crore Correct Answer Incorrect Answer

      Solution

      The Comptroller and Auditor General (CAG) found a ₹3.69 lakh crore shortfall in transferring cess proceeds to specific funds. Cess is levied for targeted purposes (like Education Cess, Swachh Bharat Cess) and cannot be diverted, unlike surcharges. 

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