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      Question

      According to the Household Consumption Expenditure Survey

      (HCES) 2023-24, which category had the highest share in non-food spending in Indian households?
      A Fuel & Light Correct Answer Incorrect Answer
      B Durables Correct Answer Incorrect Answer
      C Rent Correct Answer Incorrect Answer
      D Conveyance Correct Answer Incorrect Answer
      E Healthcare Correct Answer Incorrect Answer

      Solution

      As per HCES 2023-24, Conveyance had the highest share in non-food household spending. Rural households spent 7.6% of MPCE on conveyance, followed by durables (6.48%) and fuel & light (6.11%). Urban households spent 8.5% of MPCE on conveyance, followed by durables (6.8%) and rent (6.6%).

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