Multiple Choice Questions on Off Budgetary expenditure is ........ for General Studies (Level 1) Preparation

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Multiple Choice Questions

Off Budgetary expenditure is ........

Indian Economy (Easy) Financial System
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    Off-Budgetary expenditure is :

    An expenditure that is taken from the budget of the state government

    Incorrect Answer

    An expenditure from the foreign state 

    Incorrect Answer

    financial liabilities that are raised by PSUs

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:

    Off-Budgetary expenditure (OBE)/Extra budgetary resources (EBRs) are those financial liabilities that are raised by Public Sector Undertakings for which repayment of the entire principal and interest is done from Government budget.

    By: bhavesh kumar singh
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