Question
Download Solution PDFWhich one of the following is not true about the total outlay in the Union Budget 2023-24?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe Correct answer is Subsidies (9%).Important Points
- The outlay for the budget 2023-24 is given as below.
- In 2023-24 budget the Subsidies part got around 7%. Hence the Option 3 is Incorrect.
| Sector/Expense | Share (in percentage) |
| Interest Payments | 20% |
| State's share of taxes & duties | 18% |
| Central Sector Scheme | 17% |
| Finance Commission & other transfer | 9% |
| Other Expenditure | 8% |
| Subsidies | 7% |
| Centrally Sponsored Scheme | 9% |
| Defence | 8% |
| Pensions | 4% |
Last updated on Jun 30, 2025
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