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Government Budget and Economy — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsGovernment Budget and Economy1 Mark
Question
Are the following statements true or false? Give reasons.
Expenditure made on the development of a railway line is a capital expenditure.
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Answer

True.
Reason: This expenditure creates an asset for the railway and government.
Note: As per CBSE guidelines, no marks will be given if reason to the answer is not explained.

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