Current Affairs · Union Budget
In the Union Budget, large allocations such as government salaries, pensions, and interest payments that do not result in the creation of capital assets are classified under which type of expenditure?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fiscal Expenditure
- 2Plan Expenditure
- 3Revenue Expenditure✓
- 4Capital Expenditure
Correct answer
Revenue Expenditure
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