The Finance Minister stated that estimated budgetary expenditure on health, education and social protection for 2018-19 is.....against estimated expenditure of Rs.1.22 lakh crore in 2017-18.

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Finance Minister stated that estimated budgetary expenditure on health, education and social protection for 2018-19 is____against estimated expenditure of Rs.1.22 lakh crore in 2017-18.

A	Rs.1.52 lakh crore
B	Rs.1.38 lakh crore
C	Rs.1.27 lakh crore
D	Rs.1.63 lakh crore

Explanation:

Detailed explanation-1: -The Finance Minister said that estimated budgetary expenditure on health, education and social protection for 2018-19 is Rs. 1.38 lakh crore against estimated expenditure of Rs. 1.22 lakh crore in 2017-18 .

Detailed explanation-2: -At the end of fiscal year 2018, the budgeted estimate of revenue expenditure on non-developmental expenses of India’s central and state governments amounted to more than 22 trillion Indian rupees and developmental expenses amounted to approximately 19 trillion rupees.

Detailed explanation-3: -As indicated in Figure 1, the allocation to the Department of Health and Family Welfare has increased from Rs 11, 366 crore in 2006-07 to Rs 52, 800 crore in 2018-19.

Detailed explanation-4: -It was presented to Parliament on 1 February 2018 by Finance Minister Arun Jaitley.

Detailed explanation-5: -Total budgeted expenditure for 2018-19 is set at Rs 2, 442, 213 crore (US$ 383.93 billion). Central Government’s debt to GDP ratio will be brought down to 40 per cent, as per the recommendations of the Fiscal Reform and Budget Management Committee.

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