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Question
Expenditures incurred on activities which are directly related to economic and social development of the country are called _____________ expenditures.
Expenditures incurred on activities which are directly related to economic and social development of the country are called _____________ expenditures.
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Solution
The correct option is D developmental
The government expenditures incurred on activities that are directly related to or results in some economic and social development of the country such as infrastructural improvement are called developmental expenditures.
The government expenditures incurred on activities that are directly related to or results in some economic and social development of the country such as infrastructural improvement are called developmental expenditures.
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