Consider the following statements:
1. The Railway Budget was being presented separately to the Parliament since 1924-25.
2. The Railway Budget has been merged with the General Budget from 2016 -17.
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Railway Finance
Though a part of the overall financial figures of the Government of India, the Railway Budget was being presented separately to the Parliament since 1924 -25, owing to the Separation Convention of 1924. The Railways had its own 16 demands for grants, which also used to be considered and passed by the Parliament separately. The main reason behind the Separation Convention was to secure stability for civil estimates as the railway finance used to be a sizeable part of the general finances. The Government decided to merge the Railway Budget with the General Budget from the 2017-18. The unified budget will bring the affairs of the railways to centre stage and present a holistic picture of the financial position of the government. This merger would facilitate multi-modal transport planning between highways, railways and waterways. Railways would continue to maintain its distinct entity, as a departmentally run commercial undertaking and retain its functional autonomy, delegation of financial powers etc. as per the existing guidelines. Instead of the erstwhile scheme of sixteen demands for grants, the Ministry of Finance introduced one demand for grant for the Ministry of Railways.
Nine litres are drawn from a cask full of water and it is then filled with milk, Nine litres of mixture are drawn and the cask is again filled with milk, The quantity of water now left in the cask to that of the milk in it is 16 : 9. How much does the cask hold?
Science & Technology · Easy
Sustainable development requires which of the following? 1. Preservation of ecological resources and greater use of renewable resources. 2. Encouragement to the use of environmentally-safe technologies for development purposes. 3. Formulation and implementation of policy framework for people-security and human justice, including ecological and economic security. Select the correct answer using the code given below:
Science & Technology · Easy
Consider the following statements about the Cabinet Mission: 1. Stafford Cripps was the Chairman of the Mission. 2. It supported the cause of Pakistan’s independence. 3. It recommended that provinces will have residuary powers. Which of the statements given above is/are not correct?
Science & Technology · Easy
The identity platform 'Aadhaar' provides open "Application Programming Interfaces (APIs)". What does it imply ? 1. It can be integrated into any electronic device. 2. Online authentication using iris is possible. Which of the statements given above is/ are correct ?
Science & Technology · Easy