What was the value of the monetisation proposals recommended at NLMC's 21st board meeting?
- A.Over Rs 1,000 crore
- B.Over Rs 5,000 crore
- C.Over Rs 10,000 crore
- D.Over Rs 50,000 crore
Show answer
Correct answer: B. Over Rs 5,000 crore
Explanation
The answer is over Rs 5,000 crore. At its twenty-first board meeting, held on 18 September 2026, the National Land Monetization Corporation considered and recommended proposals covering assets of that value. What those assets are matters as much as the figure: surplus land and buildings, identified because they no longer serve the purpose they were acquired for.
The remaining options are round figures of the kind that make plausible distractors in a question about money, but none of them appears in the announcement. Two details are worth carrying with the figure, since a question may ask for either instead: it was the twenty-first meeting of the board, and the same sitting approved the Annual Financial Statements and Directors' Report for 2025-26.