Q: Consider the following statements about Union Government's Expenditure on revenue account and effective capital expenditure: 1. Effective capital expenditure as percentage of GDP has increased from 2020 – 21 to 2023 – 24. 2. Expenditure on revenue account as percentage of GDP has increased from 2020 – 21 to 2023 – 24. Which of the statements given above is/are correct?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
Correct Answer: (a)