All of the following are included in government final consumption expenditure except:

CA Foundation · Business Economics · PYQS · January 2026
All of the following are included in government final consumption expenditure except:
(A) A. Government expenditure on defence
(B) B. Government expenditure on education
(C) C. Government expenditure on healthcare
(D) D. Government expenditure on pensions

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Government expenditure on pensions

Topics: Determination of National Income

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