Expenditure on education as a share of GDP rose from 0.64 per cent in 1951-52 to about what in 2015-16?
A10 per cent
B3.0 per cent
C6.0 per cent
D1.5 per cent
Answer & Solution
Correct answer: B. 3.0 per cent
1. It has stayed near 3 per cent for years.
2. It was 3.0 per cent in 2015-16.
3. It declined to 2.7 per cent in 2017-18.
_Source: syllabus Economics, Chapter 2, People as Resource._
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