With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure? 1. Défense -expenditure 2. Interest payments 3.…

CA Foundation · Business Economics · MTP · May 2026
With reference to Union Budget, which of the following is/are covered under Non-Plan Expenditure? 1. Défense -expenditure 2. Interest payments 3. Salaries and pensions 4. Subsidies Select the correct answer using the code given below.
(A) A. 1 only
(B) B. 2 and 3 only
(C) C. 1, 2, 3 and 4
(D) D. None

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 1, 2, 3 and 4

Topics: Public Finance

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