Which of the following statements is correct regarding Capital Expenditure? I. Capital expenditure result in creation of physical or financial assets or reduction in financial liabilities. II. Non-plan capital expenditure covers various general, social and economic services provided by the government. MCQ Questions & Answers | All Govt Exams Practice
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πŸ“ Multiple Choice Question Economics

Which of the following statements is correct regarding Capital Expenditure? I. Capital expenditure result in creation of physical or financial assets or reduction in financial liabilities. II. Non-plan capital expenditure covers various general, social and economic services provided by the government.

A Only I
B Only II
C Neither I nor II
D Both I and II

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