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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 (I) interest payments (II) subsidies (III) defence (IV) irrigation

Correct Answer: I, II, III

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Economic MCQ: 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 (I) interest payments (II) subsidies (III) defence (IV) irrigation | Extra Education