In the context of public expenditure, 'Capital Expenditure' is characterised by: MCQ with Answer and Explanation

Question

Share Report Error

In the context of public expenditure, 'Capital Expenditure' is characterised by:

A. Only payment of interest

B. Only payment of salaries

C. Creation of assets or reduction of liabilities

D. No creation of assets

Answer: Option C

Solution (By JKSSB Mock Tests)

Capital expenditure leads to the creation of assets (such as infrastructure) or reduction of liabilities (such as repayment of loans).

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Swachh Bharat Mission' aims to achieve:

A. open defecation free India and solid waste management

B. only urban sanitation

C. only rural roads

D. only water supply

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Swachh Bharat Mission aims at open defecation free India and solid waste management.

This question belongs to: Economy GK Economy Set 1

Question #2

In the context of behavioural economics, 'Anchoring' refers to:

A. Only the effect of final outcomes

B. The tendency for quantitative judgments to be influenced by an initially presented value

C. The complete independence of judgments from any initial values

D. Only the use of rational Bayesian updating

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Anchoring is a cognitive bias in which individuals rely too heavily on an initial piece of information (the anchor) when making subsequent judgments.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Securities and Exchange Board of India' was established in 1988 but became a statutory body in:

A. 2000

B. 1992

C. 1995

D. 1990

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
SEBI became a statutory body in 1992.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs