Which of the following statements are true in context of Central Sector schemes 1 100...........

Economic Affairs Public Finance and Debt Management

Which of the following statements are true in context of Central Sector schemes?

1. 100% funded and implementation by Central Government

2. They are mainly formulated on subjects from the Union List.

3. Central Ministries implement some Central Sector schemes directly in States/UTs but resources under these Schemes are not generally transferred to States

4. They are similar to Centrally Sponsored Schemes

Codes

1, 2 and 3 are true

All are true

1, 2 and 4 are true

2, 3 and 4 are true

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Explanation:

4th statement is incorrect i.e. They are similar to Centrally Sponsored Schemes

Central sector schemes, are 100% funded by the Union government and implemented by the Central Government machinery. Central sector schemes are mainly formulated on subjects from the Union List.In addition, the Central Ministries also implement some schemes directly in States/UTs which are called Central Sector Schemes but resources under these Schemes are not generally transferred to States.