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This question belongs to General Knowledge Indian Economy
Indian Economy
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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

Answer & Solution
Correct Answer: Option C
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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Shivakumar Desai
Shivakumar Desai 6 years ago
What is meant by development and non development expenditure and how it is related to these options