Economics · Economy
Consider the following statements regarding the Haryana State Budget: 1. Revenue expenditure includes recurring expenses like salaries and pensions. 2. Capital expenditure leads to asset creation or reduction of liabilities. 3. Capital expenditure has no long-term developmental impact. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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