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  9. Q46

UPPSC PCS 2023 · Question 46 of 150

Which one of the following is not true about the total outlay in the Union Budget 2023-24?

Economy

  1. AInterest payment (20%)
  2. BSubsidies (9%)Correct
  3. CState share of taxes and duties (18%)
  4. DDefence (8%)

Answer: B. Subsidies (9%)

Explanation

Money from the Union Budget 2023- 24 is allotted to various sectors and also assigned to meet expenses. In brief, the outflow is planned as follows: Sector/Expense Share (in percentage) Interest payments 20% States’ share of taxes & duties 18% Central Sector Scheme 17% Finance Commission & other transfers 9% Other expenditure 8% Subsidies 7% Centrally Sponsored Scheme 9% Defence 8% Pensions 4%

Source: edurev.in solved-paper compilation (OSWAAL 15-Years UPPSC Prelims Solved Paper)

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