Which of the following is/are part of “revenue expenditure”?

1. Interest payments on loans raised by government.
2. Subsidies forwarded to all sectors by the government.
3. Grants given by the government to Indian states and foreign countries.
Select the correct answer using the code given below:

Which of the following is NOT part of Mundell’s “impossible trinity”?

Consider the following statements regarding “Expenditure Management Commission (EMC)”:

1. It is created by Expenditure management Act, 2014.
2. Ranga rajan is the first chairman of EMC.
Which of the statements given above is/are NOT correct?

In economics “Dutch disease” is related to which of the following?

Consider the following statements regarding “World Food Programme”:

1. It is an initiative of World Economic Forum.
2. It is funded entirely by voluntary donations.
3. It provides food assistance and tackles the underlying causes of hunger.
Which of the statements given above is/are correct?