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

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University MBA Admissio...
Apply
Highest CTC 70 LPA | Avg CTC 11.22 LPA | Ranked #55 by NIRF
ISBR Business School PGDM Adm...
Apply
Ranked as Platinum Institute by AICTE for 5 years in a row | Awarded Best Business School of the Year
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