Read the passage given below carefully:
"In November 2025, the Ministry of Housing and Urban Affairs (MoHUA) notified the National Urban Lake Restoration Framework (NULRF) to revive degraded water bodies across 150 major cities. Under the guidelines, financial assistance of up to ₹50 crore per lake project will be provided exclusively to municipal corporations, provided the lake area exceeds 10 hectares. State water boards and private entities are explicitly barred from receiving direct central funding under this scheme. Furthermore, all restoration projects must achieve complete biological remediation within 24 months of fund disbursement, failing which 20% of the allocated grant will be converted into a loan with an annual interest rate of 6%."
Based on the explicit information provided in the passage, which of the following is a mandatory condition for a project to receive direct central funding under the NULRF?
- The project must be managed by a municipal corporation for a lake exceeding 10 hectares in area.Cevap
- BThe project must be jointly implemented by state water boards and private entities.
- CThe project must secure matching grant contributions from environmental NGOs.
- DThe project must complete physical dredging within 6 months of fund disbursement.