In India the largest single item of current government expenditure is
Options:
A . Interest payment of debt
B . Defence Expenditure
C . Payment of subsidies
D . Investment in social overheads
Answer: Option A Answer: (a) Interest payments are the single largest item of expenditure. They account for more than 40% of the total non-development expenditure. These items of expenditure are charged on the Consolidated Fund of India and are not required to be voted by the Lok Sabha.
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