Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Salaries, wages, interest, subsidies are example of which of the following options?

Options:

Capital Expenditure

Revenue Expenditure

Both (a) and (b

None of the above

Correct Answer:

Revenue Expenditure

Explanation:

Salaries, wages, interest, subsidies are example of Revenue Expenditure as they do not create any asset or reduce any liability.