Q. With reference to the Urban Challenge Fund (UCF), consider the following statements:
1.It is a Central Sector Scheme.
2.It is implemented by the Ministry of Housing and Urban Affairs.
3.The Central Government provides 100% funding for selected projects under the scheme.
Which of the statements given above is/are correct?

[A] 1 and 2 only

[B] 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: B
Notes:

Explanation:

  • The Urban Challenge Fund (UCF) is a Centrally Sponsored Scheme, not a Central Sector Scheme – hence Statement 1 is incorrect.
  • It is implemented and monitored by the Ministry of Housing and Urban Affairs – hence Statement 2 is correct.
  • Under the scheme, the Centre provides 25% of the project cost (as catalytic assistance), not 100% funding – therefore Statement 3 is incorrect.

Source- Pmindia

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