| The revenue expenditure of the government of India includes: |
| 1. Welfare payments |
| 2. Subsidies |
| 3. Repayment of loans |
| Choose the correct one: |
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) All 1, 2 and 3
Correct Answer: A
Solution :
Revenue Expenditures are those expenditures which don't create .any productive assets. The money in these expenditures goes either in running administration /operation of government or in welfare schemes which don't result in creation of assets.
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