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

General Studies ( Prelim) Indian Economy

Download Solution PDF

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

छोटे Courses बड़े Results

Master Indian Economy

Prepare through Micro-courses

Try Now

Explanation:

All of the above are correct.
Capital Budget consists of capital receipts and capital payments.
The capital receipts are loans raised by Government from public, called market loans, borrowings by Government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign Governments and bodies, disinvestment receipts and recoveries of loans from State and Union Territory Governments and other parties.
Capital payments consist of capital expenditure on acquisition of assets like land, buildings, machinery, equipment, as also investments in shares, etc., and loans and advances granted by Central Government to State and Union Territory Governments, Government companies, Corporations and other parties.