Current Affairs

GK MCQs Section
Q. Which best defines Gross Budgetary Support?
Answer: Fraction of total expenditure on Central sectors, ministries, and State/UT plans
Notes: Gross Budgetary Support is the portion of the government budget allocated to central sectors, ministries, departments, and as support to State/UT plans. It forms a part of the total expenditure in India's Union Budget. GBS funds plan expenditures and is used for the implementation of schemes and programs under different government ministries and departments. It is released annually by the Government of India.
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