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    • Question : Fill in the blanks- Subsidies is a ________ expenditure. Option 1: Revenue Option 2: Capital Option 3: Both A and B Option ...
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    Question : Fill in the blanks-
    Subsidies is a ________ expenditure.
     

    Option 1: Revenue 
     

    Option 2: Capital 
     

    Option 3: Both A and B
     

    Option 4: Neither A nor B.
     

    Team Careers360 8th Jan, 2024
    Answer
    Answer (1)
    Team Careers360 12th Jan, 2024

    Correct Answer: Revenue


    Solution : Subsidies is a revenue expenditure as it neither creates any assets nor reduces any liabilities.
    Hence Option A is correct.

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