Question

    Consider the following statements about the budget estimates of fiscal year 2023-24.

    1. The share of subsidies is more than the share of defense in Union budget allocations.

    2. Interest payment on borrowings is about 25% of total expenditure.

    3. Centrally sponsored schemes have higher allocation of funds than Central sector schemes.

    Which of the above statements are incorrect

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 1 and 2 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 2 and 3 only Correct Answer Incorrect Answer

    Solution

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