Question
In the budget figures of the Government of India, interest payments, subsidies, pensions, social services and the like are parts of the
Answer: Option D
Answer: (d)
There are two components of expenditure - plan and non-plan. Of these, plan expenditures are estimated after discussions between each of the ministries concerned and the Planning Commission.
Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.
Was this answer helpful ?
Answer: (d)
There are two components of expenditure - plan and non-plan. Of these, plan expenditures are estimated after discussions between each of the ministries concerned and the Planning Commission.
Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.
Was this answer helpful ?
More Questions on This Topic :
Question 6. One rupee notes are issued by the
....
Question 8. National Income is the
....
Question 9. Imperial Bank was constituted in the year :....
Submit Solution