Practicing Success
The Delhi government initiated a program of training teachers for "Rashtriya Madhyamik Shiksha Abhiyan". How will the expenditure incurred on this be treated? |
Capital expenditure Revenue expenditure Non-development expenditure None of the above |
Revenue expenditure |
It will be considered under "Revenue expenditure" as it is a recurring expense which the government has to bear. Revenue expenditure do not effect the assets and liabilities status of the government. They are generally of recurring nature. |