हिंदी

Giving Reason, State Whether the Following is a Revenue Expenditure Or a Capital Expenditure in a Government Budget: Expenditure on Scholarships

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प्रश्न

Giving reason, state whether the following is a revenue expenditure or a capital expenditure in a government budget:

Expenditure on scholarships

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उत्तर

Expenditure incurred on scholarships is considered as revenue expenditure because this expenditure does not create any asset and does not reduce any liability of the government

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2013-2014 (March) Foreign Set 2

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