Question

Tick The correct answer

13. Public expenditure is a financial means to secure
(a) Capital objectives
(b) Social objectives
(c) Socialism
(d) Employment​

Answer 1

Answer:

Public Expenditure: Importance and Objects of Public Expenditure! Public expenditure is not merely a financial mechanism. It is rather a means of securing social objectives. Its goal is to promote maximum social welfare.

Therefore, the correct answer to this question is option (b) Social Objectives.