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With reference to Union Budget, which of the following, is/are covered under Non-Plan Expenditure?
1. Defence -expenditure
2. Interest payments
3. Salaries and pensions
4. Subsidies
Select the correct answer using the code given below.
1. Defence -expenditure
2. Interest payments
3. Salaries and pensions
4. Subsidies
Select the correct answer using the code given below.
- a)1 only
- b)2 and 3 only
- c)1, 2, 3 and 4
- d)None
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
With reference to Union Budget, which of the following, is/are covered...
Non-plan revenue expenditure is accounted for by interest payments, subsidies (mainly on food and fertilisers), wage and salary payments to government employees, grants to States and Union Territories governments, pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.
Most Upvoted Answer
With reference to Union Budget, which of the following, is/are covered...
Non-Plan Expenditure in Union Budget
Non-Plan Expenditure refers to the expenditure incurred by the government on items that are not included in the Five-Year Plans. It includes both revenue and capital expenditures.
The following items are covered under Non-Plan Expenditure:
1. Defence Expenditure: This includes the expenditure incurred on defence-related activities such as procurement of weapons, maintenance of military infrastructure, etc.
2. Interest Payments: This refers to the interest paid by the government on loans taken from various sources.
3. Salaries and Pensions: This includes the expenditure incurred on paying the salaries and pensions of government employees.
4. Subsidies: This includes the expenditure incurred on various subsidies such as food subsidies, fertilizer subsidies, etc.
Therefore, option C is the correct answer as all the items mentioned above are covered under Non-Plan Expenditure in the Union Budget.
Non-Plan Expenditure refers to the expenditure incurred by the government on items that are not included in the Five-Year Plans. It includes both revenue and capital expenditures.
The following items are covered under Non-Plan Expenditure:
1. Defence Expenditure: This includes the expenditure incurred on defence-related activities such as procurement of weapons, maintenance of military infrastructure, etc.
2. Interest Payments: This refers to the interest paid by the government on loans taken from various sources.
3. Salaries and Pensions: This includes the expenditure incurred on paying the salaries and pensions of government employees.
4. Subsidies: This includes the expenditure incurred on various subsidies such as food subsidies, fertilizer subsidies, etc.
Therefore, option C is the correct answer as all the items mentioned above are covered under Non-Plan Expenditure in the Union Budget.
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