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UPPSC 2005 GS-I
Question
In the Union Budget the largest item of revenue expenditure is
A)
Defence expenditure
B)
Major Subsidies
C)
Interest Payments
D)
Grants to States
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Answer & Solution
Answer:
(Detailed Solution Below)
Option C:
Interest Payments
Detailed Solution:
The correct answer is
“Interest Payments”.
In the Union Budget, the largest item of revenue expenditure is typically "Interest Payments" (option 3).
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