Question

Find the odd word out:

Classification of Public Expenditure 

Options

• Revenue expenditure

• Capital expenditure

• Consumption expenditure

• Developmental expenditure

Answer 1

Consumption expenditure

Explanation:

• Revenue expenditure, capital expenditure, and developmental expenditure are all classifications of public expenditure used in government budgeting.
• Consumption expenditure is a term generally used in economics to refer to spending by households not specifically related to government/public expenditure classification.