MCQOPTIONS
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| 1. |
Government usually classifies its expenditure in terms of planned and nonplanned expenditure. Identify, which is the correct definition of planned expenditure? |
| A. | It represents the expenditure of all the State Governments |
| B. | It represents the total expenditure of the Central Government |
| C. | It is the expenditure which is spent through centrally sponsored programmes and flagship schemes of Government |
| D. | It represents the expenditure incurred on Defence |
| Answer» C. It is the expenditure which is spent through centrally sponsored programmes and flagship schemes of Government | |