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ExamsIBPS POGeneral Awareness

The financial sharing basis of the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme between the Centre and the State is: A) 60:40 basis B) 50:50 basis C) 70:30 basis D) 80:20 basis

  1. 60:40 basis
  2. 50:50 basis
  3. 70:30 basis
  4. 80:20 basis

Correct answer: 50:50 basis

Solution

AMRUT is generally implemented with a 50:50 financial sharing pattern between the Centre and the States for most components. Hence, the correct option is 50:50 basis.

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