The railway budget is:
- APart of the Central budget
- BPart of the States budget
- CSeparate from the Central as well as State budget
- DSeparate from the Central budget
Solution & Step-by-step Explanation
Historically, based on the recommendations of the Acworth Committee in 1924, the Railway Budget was separated from the General Budget. However, the Government of India merged the Railway Budget with the Union (Central) Budget starting from the financial year 2017-18. Therefore, it is now integrated as part of the Central budget.