10 Views

Question : Government is setting up Multi Skill Training Institutes in country is an example of 

Option 1: Revenue receipts

Option 2: Capital Receipts

Option 3: Revenue expenditure

 

Option 4: Capital Expenditure


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Capital Expenditure


Solution : The correct answer is (d) Capital Expenditure.

The government setting up Multi Skill Training Institutes in the country is an example of capital expenditure in the government budget.

Capital expenditure refers to the government's spending on assets and investments that have long-term benefits and contribute to the country's economic growth and development. It involves acquiring or creating assets such as infrastructure, buildings, equipment, and other capital goods.

In this case, the government's establishment of Multi Skill Training Institutes involves investing in the creation of educational infrastructure and facilities that provide skill development training to individuals. These institutes are aimed at enhancing the workforce's skills and capabilities, which can contribute to economic development and improve employment prospects.

Related Questions

Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 28th Feb
MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Sanskriti University LLM Admi...
Apply
Best innovation and research-driven university of Uttar Pradesh
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books