Expenditure incurred on interest payments on a state's debt is classified as:
ACapital expenditure
BDiscretionary expenditure
CRevenue expenditure
DNon-plan expenditure
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Related Questions:
What societal issue is often associated with higher levels of vertical inequality?
- Higher rates of criminality.
- Lower rates of societal participation.
- Decreased public health outcomes.
Which of the following statements about the role of knowledge in an economy is INCORRECT?
- In a knowledge economy, knowledge is the most vital resource.
- Knowledge plays a key competitive advantage across all sectors, from agriculture to biotechnology.
- The success of a knowledge economy depends on a strong innovation system involving firms, research centers, and universities.
- The importance of knowledge diminishes as technology advances.
When comparing states, a high per capita income coupled with a high Human Development Index (HDI) indicates:
Which of the following statements accurately describe the economic condition of Kerala during the second phase of development (1976-1991)?
- Kerala's economy was highly developed with low poverty rates.
- The state experienced high incidence of poverty and unemployment.
- Growth rates in all sectors were higher than the national average during the 1970s and 80s.
- The economy remained very backward during this period.
How does Kerala's performance in human development compare to its performance in employment and income, relative to other Indian states?