Question

According to the Economic Survey 2023-24 presented in Parliament on 22 July 2024,capital expenditure for FY24 stood at ₹9.5 lakh crore, an increase of ________on a year-on-year basis?

• A. 19.3%
• B. 28.2%
• C. 17.6%
• D. 15.2%

Answer 1

Answer:

B. 28.2%

The capital expenditure for FY24 has increased by 28.2% on a year-on-year basis according to the Economic Survey 2023-24. Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in both Houses of Parliament on July 22. The Economic Survey is a comprehensive review or annual report of Indian economy during the closed financial year, prepared by the Economics Division of the Department of Economic Affairs of the Finance Ministry under the guidance of the India’s Chief Economic Advisor (CEA).