Question

Plan Revenue Expenditure is characterized by which of the following?

Options

• It covers tax collection, audit and currency printing

• It covers general, economic and social services not under plans

• It is related to the Five-Year Plans and included central assistance for State/UT plans

• It leads to the creation of physical or financial assets

Answer 1

Plan Revenue Expenditure was related to the Five-Year Plans and included central assistance for State/UT plans. In contrast, Non-Plan Revenue Expenditure covered general, economic and social services not under plans.