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Home Questions 5GSU9HKM67
Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
How is the government's expenditure on education expressed in India?
Options:
As a percentage of GDP and as a percentage of the national income.
As a percentage of total government expenditure and as a percentage of Gross Domestic Product (GDP).
As a percentage of total government expenditure and as a percentage of the national income.
As a percentage of total government expenditure, and as a percentage of the national income. and as a percentage of Gross Domestic Product (GDP).
Correct Answer:
As a percentage of total government expenditure and as a percentage of Gross Domestic Product (GDP).
Explanation:
The expenditure on education by the government is expressed in two ways (i) as a percentage of ‘total government expenditure’ (ii) as a percentage of Gross Domestic Product (GDP).

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