Government Budget and the Economy-Classification of Expenditure [CBSE (Central Board of Secondary Education) Class-12 Economics]: Questions 1 - 4 of 4
Choose Programs:
🎯 508 Long Answer, 14 MCQs (& PYQs) with Full Explanations (2024-2025 Exam)
Rs. 900.00 -OR-
3 Year Validity (Multiple Devices)
CoverageDetailsSample Explanation
Help me Choose & Register (Watch Video) Already Subscribed?
Question 1
Write in Short Short Answer▾
What is the basis of classifying government expenditure into:
(a) Plan expenditure and non-plan expenditure
(b) Developmental expenditure and non-developmental expenditure.
EditQuestion 2
Write in Short Short Answer▾
Distinguish between revenue expenditure and capital expenditure in a government budget. Give two examples of each.
EditQuestion 3
Appeared in Year: 2009
Write in Short Short Answer▾
Why is repayment of loan a capital expenditure?
EditQuestion 4
Describe in Detail Subjective▾
Distinguish between ‘revenue expenditure’ and ‘capital expenditure’ . Give two examples of
EditExplanation
Characteristics | Revenue expenditure | Capital expenditure |
Definition | An expenditure which neither creates assets nor reduces liability | Capital expenditure which either creates an asset or reduces liability |
… (85 more words) …