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Which is the spending heads where it is difficult to reduce expenditure |
Answer» <html><body><p>r payments are not expenditures <a href="https://interviewquestions.tuteehub.com/tag/infact-1043254" style="font-weight:bold;" target="_blank" title="Click to know more about INFACT">INFACT</a> they are the payments in exchange of which no <a href="https://interviewquestions.tuteehub.com/tag/factor-458892" style="font-weight:bold;" target="_blank" title="Click to know more about FACTOR">FACTOR</a> services are employed. That is, such payments are made with the mere motive of transferring the purchasing power to a specific section of the society such as old <a href="https://interviewquestions.tuteehub.com/tag/persons-21809" style="font-weight:bold;" target="_blank" title="Click to know more about PERSONS">PERSONS</a>, students, destitute women, etc. Some of the <a href="https://interviewquestions.tuteehub.com/tag/example-978283" style="font-weight:bold;" target="_blank" title="Click to know more about EXAMPLE">EXAMPLE</a> of transfer payments are old age pension, unemployment allowance, etc. are transfer payments. Therefore, they increase the disposable income of the consumers and not reduce it.</p></body></html> | |