In which year was the Railway Budget merged with the General Budget in India?
Detailed Explanation:
The Railway Budget was presented separately from the General Budget since 1924 following the Acworth Committee recommendations. This practice was aimed at giving special attention to railway finances and insulating them from general revenue pressures.
In 2017, the Modi government merged the Railway Budget with the General Budget, ending the 92-year-old tradition. This merger was implemented to ensure better resource allocation and unified financial planning.
Therefore, the Railway Budget was merged with the General Budget in 2017, making Option 3 the correct answer.
Question 6 of 9 Budget & Economic Survey
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