Download App

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

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsGovernment Budget and Economy1 Mark
Question
Why is payment of interest a revenue expenditure?
✓

Answer

Payment of interest is a revenue expenditure, because it does not result in creation of assets or reduction in liability.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from Government Budget and Economy→Government Budget and Economy — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

How is the equilibrium price affected by decrease in supply?
→
What should be added to 'net domestic product to get 'net national product'?
→
Write two examples of inferior goods.
→
State which of the following is a visible item and which is an invisible item:
  1. Export of jute product.
  2. Software service experts.
→
Giving appropriate example, explain the consideration of 'interest in the National Income Accounting.
→
Define flows.
→
What is Aggregate demand in Macro economics?
→
With the rise in the level of income, Average Propensity to Consume (APC) tends to fall. Do you agree?
→
Define Marginal Opportunity Cost.
→
Define current account of Bop.
→