Previous year MCQs

Current Affairs UPPSC 1999 GS-I
Question

The largest item of expenditure in the current account of the Central Govt. budget is:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Interest payment

Detailed Solution:

The correct answer is “Interest payment”.
As of recent trends, the largest item of expenditure in the current account of the Central Government budget in India is typically: (3) Interest payment.

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