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
Correct answer
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.
Read the full article: NLMC Board Clears Assets Worth Over Rs 5,000 Crore
Practice Questions
Whose surplus assets does the National Land Monetization Corporation help monetise?
- A.State government departments only
- B.Private companies in financial distress
- C.Central Public Sector Enterprises and other government entities
- D.Municipal corporations and urban local bodies
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NLMC does not simply buy and sell. It works alongside whichever body owns the property, identifying which assets are suitable, carrying out due diligence, arranging a valuation and then structuring the process, with transparency, efficiency and value realisation as its stated priorities.
Read the full explanation →For which financial year did the NLMC board approve the Annual Financial Statements and Directors' Report?
- A.2023-24
- B.2024-25
- C.2025-26
- D.2026-27
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Alongside the monetisation proposals, the twenty-first board meeting cleared the Annual Financial Statements and the Directors' Report for that financial year.
Read the full explanation →Which state received the largest amount in this instalment of tax devolution?
- A.Maharashtra
- B.Bihar
- C.Uttar Pradesh
- D.West Bengal
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In the state-wise break-up published with the release, Uttar Pradesh was allotted the largest amount of the Rs 1,09,019 crore shared among twenty-eight states, which follows from its being the biggest claimant on the states' share of central taxes.
Read the full explanation →Why did the Union Government advance the November instalment of tax devolution?
- A.Because the Finance Commission's term was ending
- B.In view of the festive season and to help states accelerate capital spending
- C.To offset a shortfall in GST compensation
- D.Because states had failed to meet borrowing limits
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The Ministry of Finance said the early transfer would also let states finance expenditure related to development and welfare.
Read the full explanation →How much tax devolution did the Union Government release to state governments on 5 November 2026?
- A.Rs 89,086 crore
- B.Rs 1,09,019 crore
- C.Rs 1,78,173 crore
- D.Rs 2,09,019 crore
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This was the regular instalment of tax devolution that the Union Government transferred to the state governments, and it was released on 5 November 2026.
Read the full explanation →