Correct option is B
The correct answer is (B) 2016 – 17.
- The practice of a separate budget for Railways was started in 1924.
- It was done on the recommendations of the Acworth Committee.
- At that time the railway budget constituted around 84% of the total budget and therefore it was recommended to separate it from the general budget.
- But with a time budget of other ministries also started increasing and some of them even overtook the budget of Railways.
- In 2016 the railway budget shrank to almost 15% of the total budget and hence the idea to merge it with the general budget was proposed by the Union government in 2016.
- On February 1, 2017, the first combined budget was presented in parliament.