Multiple choice

Directions: Choose the correct option for the given question.

Allocation for Government subsidies for 2008-09 has been hiked by ____ percent as compared with the figure of 2007-08.

  1. 2.0%

  2. 2.42%

  3. 3.3%

  4. 3.8%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

According to the 2008-09 Union Budget proposals, the allocation for government subsidies was increased by 2.42% compared to the previous year (2007-08). Subsidies are a significant component of government expenditure on items like food, fertilizer, and petroleum.