Approximately ___________ of governmental expenditure in India is on non-developmental activities.

45 %

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50 %

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35 %

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30 %

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Solution

The correct option is A $45 %$
According to recent Reserve Bank of India (RBI) report, approximately 45% of the government expenditure in India is on non-developmental activities which just increases the monetary supply in the economy but does not increase the overall production of goods and services in the economy due to which there is only rise in aggregate demand.

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