New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Consider the following statements: 1.   

    The Government’s spending on social services as a percentage of GDP has shown a rising trend since 2017-18. 2.    The Government’s spending on social services as a percentage of total expenditure of the Government has continuously been rising since 2017-18. Select the correct answer from the following code:
    A 1 Only Correct Answer Incorrect Answer
    B 2 Only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    If we look into the following image, we find that the Government’s spending on social services as a percentage of GDP has shown a rising trend since 2017-18. But the Government’s spending on social services as a percentage of total expenditure of the Government declined in the year 2020-2021.  Hence, statement 1 is correct but statement 2 is not correct.

    Practice Next