Question

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

• (A) is True but (R) is False.

• (A) is False but (R) is True.

• Both (A) and (R) are True and (R) is the correct explanation of (A).

• Both (A) and (R) are True and (R) is not the correct explanation of (A).

Answer 1

Both (A) and (R) are True and (R) is the correct explanation of (A).