Consider the following statements about Union Government’s Expenditure on revenue account and effective capital expenditure : 1. Effective capital expenditure as percentage of GDP has increased from 2020-21 to 2023-24. 2. Expenditure on revenue account as percentage of GDP has increased from 2020-21 to 2023-24. Which of the statements given above is/are correct?

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Consider the following statements about Union Government’s Expenditure on revenue account and effective capital expendit…

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