Which out of the following is classified as a Structural Fund?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

The Regional Development Fund is classified as a Structural Fund because its primary objective is to support the economic development of regions within the European Union (EU) that are less developed. This fund aims to reduce regional disparities by promoting investment in areas such as infrastructure, job creation, and sustainable development. Structural Funds are key elements of the EU's cohesion policy, which seeks to enhance economic, social, and territorial cohesion among member states, helping to lift lesser-developed regions and improve overall competitiveness.

The other options, while important in their own right, serve different purposes. Horizon Europe, for instance, is focused on research and innovation funding, aiming to boost the EU's global competitiveness in these areas. The Investment Plan for Europe concentrates on attracting private investments to stimulate growth and jobs across the EU, rather than directly addressing regional development. Creative Europe is a program aimed at supporting the cultural and creative sectors, promoting the arts and media within Europe.

By understanding the specific roles and objectives of these various funding programs, it becomes clear why the Regional Development Fund is categorized as a Structural Fund.

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