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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
Categorize the following items into Revenue and Capital Expenditure.
Statement-Grants given to State Governments.
✓

Answer

Revenue expenditure.
Reason: It creates neither any asset nor reduces any liability of the government.

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