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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Fiscal and Monetary Policy

  • question_answer
          After 1947,   development and non-development expenditures have increased, the increase in the former being more. Non-development expenditure involves
    1.  interest payments  
    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

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