2018 · Q51
According to the latest Reserve Bank of India study on State finances, capital spending is maximum on
General KnowledgeIndian Economy
- Arural development
- Bwater supply and sanitation
- Curban development
- Deducation
Explanation
According to the RBI's 'State Finances: A Study of Budgets' released in July 2018, states' budgeted capital spending for 2018-19 (in Rs billion) was: rural development 425.9, water supply and sanitation 356.9, urban development 250, and education, sports, art and culture 208. Rural development therefore accounts for the maximum capital spending. The previously keyed answer (education) is incorrect, so the key is corrected to rural development.