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Which of these public expenditure is not a ‘transfer expenditure’?
Economics
Fiscal Policy
Question
Updated
19 Aug 2026
Which of these public expenditure is not a ‘transfer expenditure’?
A
Choose Your Answer
A
old-age pension
B
interest paid on government debt
C
expenditure incurred on defence
D
expenditure incurred in providing sickness benefit to the government employees.
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