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Economics › Budget, Fiscal Policy

Economics › Budget, Fiscal Policy

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With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure?
1. Defence expenditure
2. Interest payments
3. Salaries and pensions
4. Subsidies
Select the correct answer using the code given below:

Options

(a)

1 only

(b)

2 and 3 only

(c)

1, 2, 3 and 4

(d)

None of the above

Answer

(C)