Q- With reference to central government spending in India- which of the following statements is-are incorrect-1- The government pays more money as interest payments than it spends on subsidies-2- Allocation to centrally sponsored schemes is higher than the central sector schemes-Select the correct answer using the code given below-

The correct option is D 2 onlyExplanation: Statement 1 is correct: 18 ...

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Question

Q. With reference to central government spending in India, which of the following statements is/are incorrect?
Select the correct answer using the code given below:

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is B
2 only
Explanation:

Statement 1 is correct: 18% of government spending goes towards interest payments whereas it spends 9% on subsidies.

Statement 2 is incorrect: Government allocation to central sector schemes is 12%, but for centrally sponsored schemes, it spends 9%.

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Q. With reference to central government spending in India, which of the following statements is/are incorrect? Select the correct answer using the code given below:

The correct option is B 2 onlyExplanation: Statement 1 is correct: 18% of government spending goes towards interest payments whereas it spends 9% on subsidies. Statement 2 is incorrect: Government allocation to central sector schemes is 12%, but for centrally sponsored schemes, it spends 9%.

Q. With reference to central government spending in India, which of the following statements is/are incorrect?
Select the correct answer using the code given below:

The correct option is B
2 only
Explanation:

Statement 1 is correct: 18% of government spending goes towards interest payments whereas it spends 9% on subsidies.

Statement 2 is incorrect: Government allocation to central sector schemes is 12%, but for centrally sponsored schemes, it spends 9%.