Banking General Awareness Public Finance Question Bank Public Finance (Budget)

  • question_answer
    Non-scheme revenue expenditure includes: (1) Interest payments, subsidies (mainly on food and fertilizers). (2) Wage and salary payments to government employees, grants to States and Union Territories governments. (3) Payment for Pensions, police, economic services in various sectors, other general services such as tax collection, social services, and grants to foreign governments.

    A) Only option 1 & 3 is correct

    B) Only option 2 & 3 are correct

    C) Only option 1, 2 & 3 are correct

    D) All of the above

    E) None of these

    Correct Answer: C


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