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Consider these statements about Union Government’s expenditure on revenue account and effective capital expenditure: 1. Effective capital expenditure as a percentage of GDP increased from 2020-21 to 2023-24. 2. Expenditure on revenue account as a percentage of GDP increased from 2020-21 to 2023-24. Which of the statements given above is/are correct?

1. Consider these statements about Union Government’s expenditure on revenue account and effective capital expenditure: 1. Effective capital expenditure as a percentage of GDP increased from 2020-21 to 2023-24. 2. Expenditure on revenue account as a percentage of GDP increased from 2020-21 to 2023-24. Which of the statements given above is/are correct?

 

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