2022-05-28 09:20:31
Explanation
The correct answer is 1,2,3, and 4.
Key Points
• All expenditures which are done in the name of planning were called plan expenditures while the rest are placed under non-plan expenditures.
• The government of India has now scrapped the plan and non-plan expenditures in budget exercise and are replaced by capital and revenue spending classifications.
Non-plan expenditure is spread across:
• Expenditure incurred on Defence Services
• Interest payments for debt
• Subsidies (food, fertilisers, etc.)
• Salaries and pensions of employees in various government services
• Economic services by the government such as Agriculture, Industry, Power, Science & Technology.
• Loans and grants
• Social services such as healthcare, education, social security
• Police, etc.
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