New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Assess the accuracy of these statements about the

    Nirbhaya Fund: (I) The Nirbhaya Fund is used to fund women's safety and security initiatives. (II) For States with difficult terrains, the funding pattern is 90:10. (III) The fund is classified as a lapsable corpus fund.
    A I & II only Correct Answer Incorrect Answer
    B II & III only Correct Answer Incorrect Answer
    C I & III only Correct Answer Incorrect Answer
    D All are correct Correct Answer Incorrect Answer

    Solution

    The Nirbhaya Fund is a non-lapsable fund aimed at enhancing the safety and security of women, with its management and deployment overseen by the Ministry of Finance. It does not have a specific funding pattern based on terrain difficulty, making statement II incorrect.

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