As of the 2026–27 Union Budget, which entries belong to revenue expenditure in the Union Government’s…
Interest payments, fertiliser subsidies and grants for running costs are revenue expenditure. Loans to public enterprises create a financial claim for the Union Government…
Choose your answer
As of the 2026–27 Union Budget, which entries belong to revenue expenditure in the Union Government’s accounts?
I. Interest payments on public debt
II. Subsidies on fertilisers
III. Grants-in-aid for running costs
IV. Loans to public enterprises
Answer and explanation
Correct answer A
Interest payments, fertiliser subsidies and grants for running costs are revenue expenditure. Loans to public enterprises create a financial claim for the Union Government and are recorded under capital expenditure.
Practice for these exams
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Tamil Nadu SET (TNSET)