The money in the Central Road Fund comes from __:
1. Cess on sale of Petrol & Diesel
2.Penalities on polluting vehicles
3. Grants from Central Government
Select the correct option from the codes given below:
The Central Government has created a dedicated fund, called Central Road Fund (CRF) for collection of cess from petrol and diesel. Presently, Rs. 2/- per litre is collected as cess on petrol and High Speed Diesel (HSD) Oil. The fund is distributed for development and maintenance of national highways, state roads, rural roads and for provision of road overbridges/under bridges and other safety features at un-manned railway crossing as provided in Central Road Fund Act, 2000.
This question is a part of GKToday's Integrated IAS General Studies Module