CBSE (Arts) Class 12CBSE
Share
Notifications

View all notifications

What is Revenue Expenditure? - CBSE (Arts) Class 12 - Economics

Login
Create free account


      Forgot password?

Question

What is revenue expenditure?

Solution

Expenditure by the government which does not create any assets for the government and does not reduce the liability of the government is called revenue expenditure. Hence, subsidies are treated as revenue expenditure as they do not reduce the liability of the government and do not add to the assets of the government.

  Is there an error in this question or solution?
Solution What is Revenue Expenditure? Concept: Classification of Expenditure.
S
View in app×