Categorize the following items into Revenue and Capital Expenditure
Statement-Interest paid on National Debt.
Download our app for free and get startedPlay store
Revenue expenditure.
Reason: It creates neither any asset nor reduces any liability of the government.
art

Download our app
and get started for free

Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*

Similar Questions

  • 1
    Categorize the following items into Revenue and Capital Receipts.Statement-Dividend received by government from a company.
    View Solution
  • 2
    Categorize the following items into Revenue and Capital Expenditure.
    Statement-Pension paid to retired government employees.
    View Solution
  • 3
    In a Government budget, primary deficit is ₹ 10,000 crores and interest payment is ₹ 8,000 crores. How much is the fiscal deficit?
    View Solution
  • 4
    Why are subsidies treated as revenue expenditure?
    View Solution
  • 5
    Categorize the following items into Revenue and Capital Receipts.
    Statement-Profits of LIC, a public enterprise.
    View Solution
  • 6
    Categorize the following items into Revenue and Capital Receipts. Statement-Corporation tax.OR
    Statement-Income tax received by government.
    View Solution
  • 7
    Define revenue budget.
    View Solution
  • 8
    Categorize the following items into Direct and Indirect Taxes.
    Statement-Service tax.
    View Solution
  • 9
    Categorize the following items into Revenue and Capital Expenditure.
    10% shares purchased by the government in a private company.
    View Solution
  • 10
    Define money supply.
    View Solution