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General Knowledge - Indian Economy - Discussion

Discussion Forum : Indian Economy - Indian Economy (Q.No. 8)
Indian Economy
8.

Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves

  1. interest payments
  2. subsidies
  3. defence
  4. irrigation

I, II
I
I, II, III
II, III, IV
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
28 comments Page 2 of 3.
Nityasundar Manik said:   1 decade ago
Interest payment, defence, subsides are unproductive in nature.Because these add nothing to GDP .
Srikar said:   1 decade ago
Yes, it is true that defence, interest payment, subsidies are unproductive whereas irrigation constitutes for the development of crops in the field of agriculture. Hope you convinced.
Reema said:   1 decade ago
Expenditure, which increase productivity is called development expenditure.
Venkatesham said:   1 decade ago
Interest payment, defence, subsides are unproductive in nature. Because these add nothing to GDP.
Pankaj adhikari said:   1 decade ago
In interest payment interest are paid to the government, which increases the economy of a country so should be developmental expenditure.
Deependra singh said:   1 decade ago
In my opinion defence, interest payment and subsidies are in non development expenditure.
Mohith Mathew said:   1 decade ago
Subsidies and interest payment can be for developmental undertakings also. For example, subsidies on construction materials can lead to structural development, subsidies on new farming technologies can lead to agricultural development etc, likewise interest paid on developmental loans.
Ravi said:   1 decade ago
Why subsidies not come under development?
Salunke lixan said:   1 decade ago
Subsidies are development expenditure it does not non development expenditure because it provide for development of industry.
Ashu singh said:   1 decade ago
What is development and non development expenditure ? And interest payment too. Can someone clarify it, please.
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