Revenue Expenditure comprises of i) Interest Payments ii) Subsidies iii) Grants to states and UT iv)…
Interest payments, subsidies and grants to states and Union Territories are revenue expenditure. Disinvestment is a capital receipt, while investment in railway assets is…
Choose your answer
Revenue Expenditure comprises of
i) Interest Payments
ii) Subsidies
iii) Grants to states and UT
iv) Disinvestment
v) Investment in railways
Answer and explanation
Correct answer C
Interest payments, subsidies and grants to states and Union Territories are revenue expenditure. Disinvestment is a capital receipt, while investment in railway assets is capital expenditure.
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Karnataka SET (KSET)