Q1. The Expenditure Finance Committee (EFC) under the Department of Expenditure — the body that recently cleared the ISM 2.0 proposal — appraises central sector scheme and project proposals whose financial outlay is at or above which one of the following thresholds?
- A. ₹100 crore
- B. ₹500 crore
- C. ₹1,000 crore
- D. ₹2,000 crore