Assertion (A): Public expenditure is that expenditure which is incurred by the public
authority [Central, State and Local Bodies]
Reasoning (R): Public expenditure is undertaken for protection of citizens, satisfying their
collective needs and promoting their economic and social welfare.
Options: 1) (A) is True but (R) is False
2) (A) is False but (R) is True
3) Both (A) and (R) are True and (R) is the correct explanation of (A)
4) Both (A) and (R) are True and (R) is not the correct explanation of (A)
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Answer:- 3) Both (A) and (R) are true and (R) is is the correct explanation of (A)
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