Which one among the following items comprises the major portion of revenue expenditure of the Union Government of India? (a) Salaries (b) Interest Payments (c) Road Transport and Highways (d) Defence Services

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Q: 13 (CDS-II/2024)
Which one among the following items comprises the major portion of revenue expenditure of the Union Government of India?
(a) Salaries
(b) Interest Payments
(c) Road Transport and Highways
(d) Defence Services

question_subject: 

Economics

question_exam: 

CDS-II

Interest payments constitute a major portion of the revenue expenditure of the Union Government of India. The budget documents and analyses indicate that interest payments are a significant component, often surpassing other categories such as salaries, road transport, and defense services. This is due to the substantial debt obligations that the government needs to service, making interest payments a critical and large part of its revenue expenditure.