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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 former being a little more than in the other. Non development expenditure involves :
1. interest payment 2. subsidies
3. defence 4. irrigation

A) 1 and 2
B) 1 only
C) 1, 2 and 3
D) 2, 3 and 4

Correct Answer:



C) 1, 2 and 3

Part of solved Fiscal System questions and answers : General Knowledge >> Economy >> Fiscal System

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