-
In India the largest single item of current government expenditure is
-
- Defence Expenditure
- Interest payment of debt
- Payment of subsidies
- Investment in social overheads
- Defence Expenditure
Correct Option: B
Interest payments are the single largest item of expenditure. They account for more than 40% of the total non-development expenditure. These items of expenditure are charged on the Consolidated Fund of India and are not required to be voted by the Lok Sabha.
