Indian Economy
Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I=interest payments II=subsidies III=defence IV=irrigation

I
II, III, IV
I, II, III
I, II

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Indian Economy
Depreciation means

loss of equipment over time due to wear and tear
closure of a plant due to labour trouble
destruction of a plant in a fire accident
closure of a plant due to lock out

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