Question

Which one of the following is not true about the total outlay in the Union Budget 2023-24?

  1. Interest payment (20%)
  2. Defence (8%)
  3. State share of taxes and duties (18%)
  4. Subsidies (9%)

Answer:

Option D: Subsidies (9%)

Detailed Solution:

The correct answer is “Subsidies (9%)”.

The statement "Subsidies (9%)" is not true about the total outlay in the Union Budget 2023-24.