Question : The government's non-plan expenditure includes ____________.
Option 1: Subsidies
Option 2: Grants for specific projects
Option 3: Repayment of loans
Option 4: Investments in public sector enterprises
Correct Answer: Subsidies
Solution : The correct answer is (A) Subsidies
Non-plan expenditure refers to government spending that is not allocated to specific development projects or plans. It includes various recurring expenses and obligations of the government.
Subsidies: Subsidies are financial assistance provided by the government to individuals or businesses to support specific sectors, activities, or populations. They aim to reduce the cost of certain goods or services, promote economic growth, or provide social welfare benefits.
Question : The government's revenue receipts include ____________.
Option 1: Grants-in-aid
Option 2: Dividends from public sector enterprises
Option 4: Sale of government assets
Question : The government's revenue expenditure includes ____________.
Option 1: Interest payments
Option 2: Loans and advances
Option 3: Purchase of assets
Option 4: Grants to states
Question : The government's disinvestment refers to the ____________.
Option 1: Sale of shares in public sector enterprises
Option 2: Reduction in defense expenditure
Option 3: Repayment of external debt
Option 4: Increase in indirect taxes
Question : Which of the following is a capital expenditure?
Option 1: Expenditure on subsidies
Option 2: Grants given to state government.
Option 3: Repayment of loan.
Option 4: Expenditure on collection of taxes.
Question : Which of the following is a revenue receipts?
Option 1: Loans recovered from public sector enterprises
Option 2: Loans taken from USA for the developmental projects
Option 3: Sale of shares of public sector undertakings
Option 4: License and court fees received by the government
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