Economics · General Financial Rules
Which of the following best defines 'Recurring Expenditure' under the General Financial Rules (GFR) 2017?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Expenditure incurred once in a financial year
- 2Expenditure incurred for non-routine works
- 3Expenditure incurred at periodical intervals for the same purpose✓
- 4Expenditure transferred from one primary unit to another
Correct answer
Expenditure incurred at periodical intervals for the same purpose
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