2025 · Q76
Consider the following statements about Union Government’s Expenditure on revenue account and effective capital expenditure:
- 1Effective capital expenditure as percentage of GDP has increased from 2020–21 to 2023– 24. 2. Expenditure on revenue account as percentage of GDP has increased from 2020–21 to 2023–24.
Which of the statements given above is/are correct?
General KnowledgeIndian Economy
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
Effective capital expenditure (budgetary capex plus grants-in-aid for capital asset creation) as a percentage of GDP rose from about 2.2% in 2020–21 to about 3.2% in 2023–24 — statement 1 is correct. Statement 2 as framed is incorrect. Hence 1 only.