- According to the Union Budget Estimates for 2023-24, the Ministry of Defence received the highest allocation among all ministries, with a total allocation of ₹5.94 lakh crore. - Comparing the allocations for the given options: - Railways (Ministry of Railways): ₹2.41 lakh crore - Rural Development (Ministry of Rural Development): ₹1.60 lakh crore - Education (Ministry of Education): ₹1.13 lakh crore - Defence (Ministry of Defence): ₹5.94 lakh crore - Defence clearly received the highest allocation among these options.
According to the Budget Estimates of 2023-24, which one among the following sectors received the highest allocation of funds?
Asked in UPSC CBI DSP LDCE 2023 · Topic: Fiscal Policy & Revenue (Government Budgeting: Structure, types, and implications)
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