SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    The Central government's overall spending
    1. On providing social services has increased over the past six years
    2. On rural development has decreased over the past six years
    3. On the health sector was stagnant over the past six years. Which of the statements given above is/are correct?
    Codes:

    A)  Only 1 and 2    

    B)  Only 2 and 3

    C)  1, 2 and 3        

    D)  Only 1 and 3

    Correct Answer: D

    Solution :

    [d] [c] The Central government's overall spending on providing social services has increased over the past six years but its spending on rural development has decreased, according to the Economic Survey 2013 report released by the government on Budget eve. Expenditure on the health sector was also stagnant. This social sector expenditure increased because of increased expenditure on the north-eastern region, social welfare and nutrition, welfare of SC/STs and other backward classes and village road development under Pradhan Mantri Gramin Sadak Yojana (PMGSY). Reserve Bank of India (RBI) data on expenditure on social services by the general government (centre and states) as a proportion of total expenditure has been showing a mixed trend. It had declined to 22.9 per cent in 2012-13 from 24.7 percent in 2010-11 but increased to 24.1 per cent in 2013-14 (RE) and declined again to 22.3 per cent in 2014-15 (BE).


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