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Question
Revenue expenditure does not include ______.
Options
salaries and pensions
subsidies
investment expenditure by the public sector undertakings
interest on government loans
MCQ
Fill in the Blanks
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Solution
Revenue expenditure does not include investment expenditure by the public sector undertakings.
Explanation:
- Investment expenditure by public sector undertakings is capital expenditure, not revenue expenditure.
- It is related to creation of assets like new factories, infrastructure, etc.
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