Saved Bookmarks
| 1. |
Give meaning of capital expenditure and revenue expenditure in a government budget and an example of each. |
|
Answer» Give meaning of capital expenditure and revenue expenditure in a government budget and an example of each. Eg – construction,repayment of loan,etc. Revenue expenditure is the expenditure by government that neither creates an asset nor reduces a liability. Eg – interest payment,subsidy,etc. |
|