Question : Which of the following is a capital expenditure?
Option 1: Expenditure on administrative services.
Option 2: Grants given to state government.
Option 3: Payment of salaries to the staff of government department.
Option 4: Defence equipment purchased from Russia
Correct Answer: Defence equipment purchased from Russia
Solution : Defence equipment purchased from Russia is a capital expenditure as it increases assets of the government. Rest of the three are revenue expenditure of government. Hence Option D is correct
Question : Which of the following statement are true?
Question : Which of the following is a revenue expenditure?
Question : _____________________ is the expenditure incurred by the central government on various administrative services.
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