SSC Economics Sample Paper NCERT Sample Paper-5

  • question_answer
    Gross budgetary support means:

    A)  centre's contribution to budget

    B)  Expenditure in budget on social schemes

    C)  Assistance provided by the Centre to five year plan.

    D)  None of the above

    Correct Answer: C

    Solution :

    [c] The Government's support to the Central plan is called the Gross Budgetary Support. In the recent years the GBS has been slightly more than 50% of the total Central Plan. The share of the GBS in Central Plan has been rising since 2008-09.

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