Official Answer Key & Detailed Solution
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Correct Answer: Option (C) — 2, 3 and 4 only
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is incorrect: Permitting commercial NBFCs to transition into banks is a regulatory financial sector measure driven largely by commercial banking criteria, not a direct pillar of inclusive governance.
Statement 2 is correct: Article 243ZD mandates the creation of District Planning Committees (DPCs) to consolidate plans prepared by Panchayats and Municipalities, strengthening participatory democracy and local governance.
Statement 3 is correct: Public health expenditure enhances human capital, lowers out-of-pocket health expenditures for the poor, and fosters social equity.
Statement 4 is correct: Strengthening nutritional and educational interventions like the Mid-Day Meal Scheme promotes inclusive development by improving school enrollment and child nutrition.
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