2004 · Q48
48. What was the total expenditure on education both by the Central and State Governments during the year 2002–03 as an approximate percentage of the Gross Domestic Product?
EconomyPublic Finance
- A2%
- B3%
- C4%
- D5%
Explanation
In 2002–03 the combined expenditure of the Centre and the States on education was roughly 3.7–3.9% of GDP — closest to the 4% option, and well below the 6% target recommended by the Kothari Commission. The 2%, 3% and 5% options are off the mark.