Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves 1.interest payments 2.subsidies 3.defence 4.irrigation

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

interest payments
subsidies
defence
irrigation

[A].	I, II
[B].	I
[C].	I, II, III
[D].	II, III, IV

Answer: Option C

Explanation:

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General Knowledge :: Indian Economy : More Exercises

Indian Economy - Indian Economy

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves 1.interest payments 2.subsidies 3.defence 4.irrigation

General Knowledge :: Indian Economy : More Exercises

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