A form of fiscal assistance given for relatively narrow and specific purposes defined by the grantor are
A)block grants.
B)categorical grants.
C)formula grants.
D)project grants.

Question

Quizplus · Accepted Answer

Categorical grants are funds provided by the federal government to state and local governments or other entities for specific purposes or categories, such as education or transportation. They have more specific requirements and restrictions than block grants or formula grants. Project grants, on the other hand, are awarded for specific projects and initiatives that align with the grantor's goals, but they may not have the same level of specificity as categorical grants. Therefore, B is the correct choice as it accurately describes the type of grant described in the question.

A Form of Fiscal Assistance Given for Relatively Narrow and Specific