Which of the following is a key characteristic of non-developmental expenditure?

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AIt is essential for immediate public services.

BIt does not directly contribute to economic growth or development.

CIt is primarily used for long-term investments.

DIt has a direct impact on increasing GDP.

Answer:

Non-developmental expenditure includes spending on administrative services, defense, and debt payments.
While these are essential for the functioning of the state, they do not directly boost economic productivity.

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Which of the following statement is CORRECT about the Law of Demand with regard to subject of Economics?

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