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Consider the following statements regarding merging of Railway budget with general (Union) budget and mark the incorrect.
1.It was recommended by NITI Aayog Committee headed by Bibek Debroy.
2.The committee also recommended for the corporatization of railways.
3.The separation of the budget was done on the recommendation of Lauren Austin committee from 1921.
Code
1 and 2
2 and 3
Only 3
None of the above
The merging of the Railway budget with the general (Union) budget was indeed recommended by the NITI Aayog Committee headed by Bibek Debroy. This statement is correct.
The committee did recommend the corporatization of railways. This statement is correct.
The separation of the Railway budget from the general budget was not done on the recommendation of the Lauren Austin committee in 1921. The separation was done earlier, and the recommendation for the separation was made by the Acworth Committee in 1924.
Therefore, the correct answer is "Only 3."
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