Question : Salaries, pension, interest, etc are the examples of _____________.
Option 1: Capital receipts
Option 2: Capital expenditure
Option 3: Revenue receipts
Option 4: Revenue expenditure.
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. Example- Salaries, pension, interest, etc Hence, Option D is correct.
Question : From the following data calculate revenue deficit- Capital receipts net of borrowings- 200 Revenue expenditure- 100 Interest payments- 50 Revenue receipts- 80 Capital expenditure- 600
Question : ___________________ refers to those expenditure which either creates an assets or causes reduction in liabilities of the government.
Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.
Question : Loan from IMF is an example of……
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