Which of the following is are included in the capital budget of the Government of India 1 ...........

Indian Economic System Budgeting and Fiscal policy

Which of the following is/are included in the capital budget of the Government of India?

1) Expenditure on acquisition of assets like roads, buildings, machinery, etc.

2) Loans received from foreign governments

3) Loans and advances granted to the States and Union Territories

Select the correct answer using the code given below.

1 only

2 and 3 only

1 and 3 only

1, 2 and 3

1, 2 and 3

Capital Budget consists of capital receipts (like disinvestment, borrowing, loans from public or foreign governments, Reserve Bank of India, etc) and capital expenditure (like expenditure on development of machinery, health facilities, etc).

Submit Error