GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Irrigation expenditure
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Civil administration
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Debt, services
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Grant-in-Aid
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Detailed explanation-1: -Besides giving the explanation of Which one of the following is a developmental expenditure? a)Irrigation expenditure b)Civil administration c)Debt Services d)Grant-in-aidCorrect answer is option ‘A’.
Detailed explanation-2: -The expenditures related to activities that promote further development of the nation are classified under development expenditure. For example, the construction of dams adds to the infrastructure of the country. Hence, it is a development expenditure.
Detailed explanation-3: -The correct answer is defence expenditure. Expenditure on economic service, expenditure on social and community services, grant to states are examples of developmental expenditures.
Detailed explanation-4: -Defence Expenditure is not included in development expenditure of the Central Government.