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Discussion :: Indian Economy

  1. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

    1. I=interest payments
    2. II=subsidies
    3. III=defence
    4. IV=irrigation
    2. A.

     I, II
    B.

     I
    C.

     I, II, III
    D.

     II, III, IV

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    Answer : Option C

    Explanation :

    Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves interest payments, subsidies and defence.

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