खालीलपैकी कोणते विधान भारतीय केंद्रसरकारच्या अर्थसंकल्पातील बदलाला लागू पडत नाही ?

The correct answer is Option C (Slow growth of revenue receipts.).

Key Points:
• Budgetary Trends of the Central Government of India:
• Historically, India's budgetary structure exhibited marked transitions across the pre- and post-1980 periods.
• Analysis of Options:
• Option 1 is true: Revenue expenditure surged exponentially due to ballooning interest payments, defence spending, salaries, and untargeted subsidies.
• Option 2 is true: Until 1978–79 (the late 1970s), the revenue account (current account of the budget) consistently registered a surplus, which thereafter turned into persistent structural revenue deficits.
• Option 3 does NOT describe the trend: Total revenue receipts (both tax and non-tax) in nominal terms and relative buoyancy grew rapidly rather than at a 'slow' pace; the primary fiscal issue was that revenue expenditures expanded at an even more explosive rate, outstripping substantial revenue mobilization.
• Option 4 is true: Capital receipts (dominated by public borrowings and liabilities) grew rapidly to plug the burgeoning gap left by revenue deficits.
• Final Answer Key Match:
• Statement 3 does not accurately characterize the trend, making Option 3 the correct answer.
• Key Takeaway: Until 1978-79 the revenue budget was in surplus; revenue receipts actually grew strongly, but revenue expenditures outpaced them.