SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Development expenditure would include
    1. Expenditure on building roads.
    2. Debt service liabilities.
    3. Grants-in-aid.
    Select the correct answer using the codes given below.

    A)  1 and 2 only    

    B)  1 and 3 only

    C)  2 and 3 only    

    D)  1, 2 and 3

    Correct Answer: B

    Solution :

    [b] Building roads and grants-in-aid are part of development expenditure. Money spent on servicing debt would not lead to development hence is not a development expenditure.

You need to login to perform this action.
You will be redirected in 3 sec spinner