Given below are some statements. Read them carefully and choose the correct statement (s) from the given options.
Statement 1: Only revenue expenditure is classified as Plan and Non Plan Expenditure in budget documents of India.
Statement 2: Only capital expenditure is classified as Plan and Non Plan Expenditure in budget documents of India.
Answer & explanation
Correct answer: option 4
The correct answer is Option 4: None of the given statement is correct.
Both revenue expenditure as well as capital expenditure are classified as Plan and Non Plan Expenditure in budget documents of India.