Question : Which of the following is an example of an appropriation in a government budget?
Option 1: Income tax revenue
Option 2: Sales tax revenue
Option 3: Military spending
Option 4: Social security benefits
Answer (1)
17th Jan, 2024
Correct Answer: Military spending
Solution : The correct answer is (c) Military spending
Military spending is an example of an appropriation because it represents a specific allocation of funds for defense and military-related purposes. It includes the budgetary provisions for maintaining armed forces, acquiring weapons and equipment, supporting military operations, and other defense-related activities.
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