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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
Revenue expenditure does not create assets for the government. (True/ False)
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Answer

True.Explanation:
Revenue expenditure refers to that expenditure of the government which neither creates assets nor causes a reduction in liabilities of the government.

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