Question : It is incurred mainly for acquisition of assets and granting of loans and advances.
Option 1: Revenue expenditure
Option 2: Capital expenditure
Option 3: Primary expenditure
Option 4: Budgetary expenditure
Answer (1)
24th Jan, 2024
Correct Answer:
Capital expenditure
Solution :
Capital expenditure is incurred mainly for acquisition of assets and granting of loans and advances.
Hence, Option B is correct.
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