ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Education
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Social protection
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Health
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Defence
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Detailed explanation-1: -Social protection – pensions, subsidies for family and children, unemployment subsidies, R&D (Research and Development) on social protection. 2. Health-public health services, medical products, appliances and equipment, hospital services, R&D on healthcare. 4.
Detailed explanation-2: -Government spending refers to money spent by the public sector on the acquisition of goods and provision of services such as education, healthcare, social protection, and defense. One of the sources of government expenditure is the interest rate hike.
Detailed explanation-3: -Social Sector Expenditure 71.61 lakh crore for spending on social service sector in (BE) 2021-22.
Detailed explanation-4: -The aim of the Social Protection Expenditure and Performance Reviews (SPERs) is to provide detailed information on the performance of national social protection schemes in a given number of countries as well as on the extent of coverage and exclusion from social protection.