1) Which of the following countries have more public expenditure than India in terms of percentage of their GDP?
1) Sri Lanka 2) Bangladesh 3) United States of America
a. 2, 3
b. 1, 3
c. 1, 2
d. All of the above
Answer
Explanation
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ANSWER: 1, 3
Explanation:
- India spends about 1.16% of its GDP.
- Sri Lanka spends 1.21% and USA 7.99%.
- Bangladesh spends 1.12%. Pakistan spends 1.03%
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