Correct option is A
Correct Answer: (A) ₹40 lakh
Explanation:
For the Assembly elections held in February–March 2022 in states including Uttar Pradesh, Uttarakhand, and Punjab, the Election Commission of India revised the expenditure limit for candidates contesting legislative assembly seats to ₹40 lakh.
This decision was announced in January 2022 after reviewing the increased costs of campaigning and following recommendations from a dedicated ECI committee.
Information Booster:
- The earlier limit was ₹28 lakh for assembly elections in larger states.
- The revised ₹40 lakh limit applied to larger states like UP, Uttarakhand, Punjab, Goa, and Manipur.
- For smaller states and union territories, the limit was fixed at ₹28 lakh.
- The revision also increased the Lok Sabha (Parliamentary) election limit to ₹95 lakh in big states.