Question : It is incurred for normal running of government departments and provision of various services.
Option 1: Revenue expenditure
Option 2: Capital expenditure
Option 3: Primary expenditure
Option 4: Budgetary expenditure
Correct Answer: Revenue expenditure
Solution : Revenue expenditure is incurred for normal running of government departments and provision of various services. Hence, Option A is correct.
Question : _____________ signifies that government own revenue is insufficient to meet the expenditure on normal functioning of government departments and provisions for various services.
Question : It is incurred mainly for acquisition of assets and granting of loans and advances.
Question : _____________________ is the expenditure incurred by the central government on various administrative services.
Question : Fill in the blanks- ____________________= Revenue expenditure - Revenue receipts.
Question : It refers to excess of revenue expenditure over revenue receipt during the given fiscal year.
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