📝 Multiple Choice Question
Economics
Which of the following is true regarding Revenue expenditure?
A
It creates physical or financial assets
B
It reduces the government's liabilities
C
It is related to the creation of long-term infrastructure
D
It neither creates assets nor reduces liabilities
Explanation
Revenue expenditure refers to the routine, recurring expenses of the government (such as salaries and interest payments) that neither result in asset creation nor reduce existing liabilities.
Report Issue
Discussion (0 Comments)
Leave a Comment
No comments yet. Be the first to comment!
📌 Related Questions
Generally, the sex ratios have been calculated as the proportion of fe...
Solve →Which of the following events happened in 1950?...
Solve →According to Census 2011, which of the following languages is spoken b...
Solve →The India-UAE Comprehensive Economic Partnership Agreement (CEPA) was ...
Solve →With respect to economic planning in India, the Bombay Plan was publis...
Solve →