Economics · Economics

What constitutes the largest component of the central government's non-plan expenditure in India's budget?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Grants to States
2Interest Payments✓
3Subsidies
4Defense Expenditure

Correct answer

Interest Payments

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What constitutes the largest component of the central government's non-plan expenditure in India's budget?

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