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248

Q:

Plan revenue expenditure relates to _______.

I. Five-year plans

II. Salaries and pensions

  • 1
    Only I
  • 2
    Neither I nor II
  • 3
    Both I and II
  • 4
    Only II
  • Show Answer
  • Workspace

Answer : 1. "Only I"
Explanation :

Any expenditure that is incurred on programmes which are detailed under the current (Five Year) Plan of the centre or centre's advances to state for their plans is called plan expenditure. Plan expenditure is further sub-classified into Revenue Expenditure and Capital Expenditure.

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Basic GK Economics GK

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