Multiple choice

For RIDF-XIII allocation in the Union Budget 2006-07 was

  1. Rs. 4500 crore

  2. Rs. 5500 crore

  3. Rs. 10 crore

  4. Rs. 12000 crore

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Rural Infrastructure Development Fund (RIDF) was set up by the Government of India to provide low-cost funds to state governments for rural infrastructure projects. For the RIDF XIII phase, the allocation was increased to 12,000 crore rupees. This fund is managed by NABARD and supports projects like irrigation, rural roads, and bridges.