Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.

Option 1: Capital receipts

Option 2: Capital expenditure

Option 3: Revenue receipts

Option 4: Revenue expenditure.

Question

Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.

Option 1: Capital receipts

Option 2: Capital expenditure

Option 3: Revenue receipts

Option 4: Revenue expenditure.

Team Careers360 · Accepted Answer

Correct Answer: Revenue expenditure.

Solution : Revenue expenditure refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.

Hence, Option D is correct.

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Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government. Option 1: Capital receipts Option 2: Capital expenditure Option 3: Revenue receipts Option 4: Revenue expenditure.

Related Questions

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Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.

Option 1: Capital receipts

Option 2: Capital expenditure

Option 3: Revenue receipts

Option 4: Revenue expenditure.