The single largest component in the non-plan expenditure during 199192 was
Options
(a)Interest payment
(b)Compensation to banks in respect of amount spent as loan waiving
(c)Subsidies on fertiliser
(d)Compensation on the loss incurred by PSUs
The full breakdown is part of the paid archive
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Class 12Government Budget and the Economy— NCERT Economics, Chapter 5. The government budget — the Annual Financial Statement required by Article 112 — lists estimated receipts and expenditure for the financial year (1 April–31 March). It…
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